Iso,
Couldn't get any takers on SA II, so I'll post it here: UCU, a boring utility, is 40% cheaper than the average utility stock anyway you slice it: PE, cash flow, book, sales (really cheap there). This sucker would need to gain 60%+ to reach the same valuation as other utilities. Not saying it will - it has always been cheaper than the average utility stock - but it sure caught my eye when it showed up on a value scan as being 30%+ oversold, an unusual level for a utility to be trading at.
A positive stochastics divergence in the daily on a triple bottom, too: cache.wsrn.com
If the Utes go up, which it looks to me like they might, UCU should outperform. Thoughts, anyone?
Paul |
