El Paso Electric Company
Warren Buffett recently inked a deal to buy utility NV Energy (NYSE: NVE) despite the utility sector's recent pullback. That's a huge statement about the long-term value that utilities present. Now is a good time to look at utilities like Southern Co. (NYSE: SO) and El Paso (NYSE: EE) which operate in growing markets.
A Buffett View
Buffett's Berkshire Hathaway already has a material footprint in the more »
Utilities are among the most stable companies in the world. In a yield-starved world, however, the shares of such companies have become a lot more exciting than their boring images might suggest. This includes a long period of share-price increases off of 2007-2009 recession lows and, more recently, a sell-off. For patient income investors, however, the sell-off could be a great buying opportunity. Put Southern Company (NYSE: SO), El Paso more »
The CAPS Stock Screener is one of my favorite tools, because adding the views of peers (CAPS Star Rating) can always be helpful. Today we're going to look at some 5 Star Utilities, and come up with a winning investment. Additional criteria on this preliminary screen included P/E (0-20), Dividend Yield (>3%), and Return on Equity (>10). Here are the 5 star competitors.
Company Market Cap P/E more »