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Re: 12 Cheap Utility Stocks to Buy According to Analysts 

By: Decomposed in 6TH POPE | Recommend this post (1)
Thu, 13 Apr 23 7:55 AM | 48 view(s)
Boardmark this board | 6th Edition Pope Board 		Msg. 41759 of 60008
(This msg. is a reply to 41758 by Zimbler0)
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Zimbler0:

Re: “>> 9. PG&E Corporation (NYSE: PCG) >>A bankrupted californica company with no dividend? No thanks.”I bought PCG twice in Summer 2020... less than three years ago. The second purchase was for $9.04/share. The first was around there too.

If I sold today, I'd make 88% give or take a little since I'm not sure of the initial purchase price. That's not a bad haul in a period where interest rates were about 2 percent.

It's currently $16.96. My target is $19. Then I may lock in some of the gains.

I agree with you that PCG isn't a screaming deal. You're right not to be interested. When I bought it, it was c-h-e-a-p. Well worth the risk. It's not such a bargain today - though, if you look at the charts, you'd be amazed at what it used to trade for. Before the big California fires, that stock was in the $40s. So I think $19 is likely this year - unless the stock markets fail.

DUK has about the same P/E as PCG and it pays a 4% dividend, so I'm tempted to just swap to DUK. But I don't want to pay the taxes...







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Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months


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The above is a reply to the following message:
Re: 12 Cheap Utility Stocks to Buy According to Analysts
By: Zimbler0 in 6TH POPE
Thu, 13 Apr 23 3:06 AM 		Msg. 41758 of 60008

Well, De,
I think there were two of the twelve I MIGHT have gotten interested in buying.

Atmos Energy and EXC. ATO has a dividend yield of about 2.5% . . . EXC 3.5%. Both on the light side for my tastes. But, both were profitable over the last ten years and I did see increases in the dividends.

>> 9. PG&E Corporation (NYSE: PCG) >>
A bankrupted californica company with no dividend? No thanks.

Several of the others I suspect got the 'nod' because they appeared to have 'green energy' or 'renewables' in their descriptions. Several of these other had periods of negative earnings. . .

One was a utility in Chile - which I suspect will do strange things to ones tax returns. And it's dividend looked to be (according to BigCharts) hit or miss.

As for Duke Energy (DUK) . . I once owned some of it. Back while obozo was President 'they' did many a shystery thing regards stocks and DUK played silly games . . . and I sold out of it. In 2012 DUK did a 'reverse split'


Not on their list - but I do like BKH and OGE.

Zim.

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