This summary was created by AI, based on 3 opinions in the last 12 months.
Southern Company has been struggling with delays and cost overruns in building new nuclear power plants, but has finally opened the first one with the second one set to launch in 2024. Despite the challenges, the company can now focus on its core business of electricity generation in Alabama and Georgia. The stock pays a 4% yield and is viewed favorably by some for its commitment to nuclear power and potential benefits from the EV tax credits. However, others suggest selling Southern Company in favor of higher-yielding options like Enbridge. Overall, the company's slow progress in nuclear plant development has affected its performance, but there are mixed opinions about its future prospects.
It pays a yield of 4.1%, but Enbridge pays over 7% and has the same cash flow. Sell Southern and buy Enbridge.
Is building the first nuclear plant in the US since Three Mile Island. It took forever, but the plant is finally coming online this summer.
Utilities are challenging his company because they seem very expensive right now. SO-N are in the south eastern US and this is an area with population growth. He is scaling back.
Southern Company is a American stock, trading under the symbol SO-N on the New York Stock Exchange (SO). It is usually referred to as NYSE:SO or SO-N
In the last year, 3 stock analysts published opinions about SO-N. 2 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Southern Company.
Southern Company was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Southern Company.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
3 stock analysts on Stockchase covered Southern Company In the last year. It is a trending stock that is worth watching.
On 2024-03-28, Southern Company (SO-N) stock closed at a price of $71.74.
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.