Stock price when the opinion was issued
They've been way behind schedule and massively overbudget in building new nuclear power plants, but have finally opened the first one last summer and the second one to launch in early 2024. Now, they can focus on their core business of electricity generation in Alabama and Georgia. Pays a 4% yield. He's a fan of nuclear power.
Electric utilities used to be slow, steady stocks, but with data centre demand, these stocks are now growth ones. For years, they suffered a huge overhang from a nuclear power plant in Georgia with huge cost overruns. But this was completed 18 months ago and ever since the stock has been up, though only 2.5% in the past year. Pays a 3.2% dividend.