This is a utilities sector play I like for a short term hold. Looking at the XLU eft (utilites) we can see there is a good possibility of upside potential in utilities sector and in terms of exploiting value investing opportunities I think XLU related stocks are a good option to consider. .
What I do not like is the debt over equity for this company (current 2.05) with the quick ratio at only 0.4 . Also , they have a lower forecasted eps next year and have been experiencing a slight downtrend in revenue . None the less , this is still a 10 billion dollar market cap company that pays a 3.97% dividend, generates positive net earnings and I think is good undervalued play . Technicals look supportive of a long entry as well .
Good luck~
What I do not like is the debt over equity for this company (current 2.05) with the quick ratio at only 0.4 . Also , they have a lower forecasted eps next year and have been experiencing a slight downtrend in revenue . None the less , this is still a 10 billion dollar market cap company that pays a 3.97% dividend, generates positive net earnings and I think is good undervalued play . Technicals look supportive of a long entry as well .
Good luck~
艾力克~