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Strategies & Market Trends : Value Investing

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To: E_K_S who wrote (71611)12/7/2022 1:41:12 PM
From: Paul Senior  Read Replies (1) of 78667
 
appropos Utilities, Dominion reversion-to-mean.

D hit a 12-mo low today. Yahoo commentary almost uniformly negative on the stock and/or management. Of course somewhat because the stock is down. Also because people see D's shift to, and large spending on, wind/solar to be detrimental to earnings/dividend, to be woke, foolish, etc.

What though if D could be somewhat as successful as NEE with it's development of wind/solar?

Maybe the government funding for utilities discussed here could help D? I do not know.

D at nine-year low (eyeballing it). No surprise that b&h utilitiy investors here are angry.

I don't know what catalyst will stop the downdraft, but for a very few dollars I'll start a tracking position.

finance.yahoo.com
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