This is a good company in a very good sector that is undervalued. Value has trailed behind growth, and we have heard the song & dance on why for a long time. But consistently buying a company with a decent (certainly not bad) P/E ratio that is paying out $5.60/share from the retained earnings.
The most recent review of the stock was done by Morgan Stanley where it was downgraded from Overweight to Equal-Weight with a price target of $246/share. That was from April 14th, and keep in mind that was about a month into the COVID Crisis.
I think
NEE is a great buy if you want exposure to the utilities sector & I also think everyone should have exposure to this sector.
It is also only -2.81% from its ATH - with this breakout we most likely will test that ATH $ figure any day now.
The most recent review of the stock was done by Morgan Stanley where it was downgraded from Overweight to Equal-Weight with a price target of $246/share. That was from April 14th, and keep in mind that was about a month into the COVID Crisis.
I think
NEE is a great buy if you want exposure to the utilities sector & I also think everyone should have exposure to this sector. It is also only -2.81% from its ATH - with this breakout we most likely will test that ATH $ figure any day now.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.