Hang On to This Utility
During the last nine months, Exelon's (EXC) shareholders have had a rough ride. A year ago, in August, I recommended Exelon when it was priced at $40.72 per share. Today the stock is below $36, but it pays $2.10 in dividends, or 5.9%. Still, there is much more value to Exelon than just the payout.
Exelon is a unique utility holding company. It owns three separate electric-distribution companies serving the metropolitan areas of Chicago, Philadelphia and Baltimore, and each subsidiary owns regulated assets governed by state utility commissions. If Exelon can manage state affairs properly, its regulated assets should provide shareholders solid returns with minimal risks....681 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.
Already a Subscriber? Please login.
