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Bonds Are a 'Safe' Investment: A Big Lie Gets Even BiggerAn option left to meet the U.S.'s growing energy needs? The above suggests that nuclear power will play a larger role, and among the nuclear plays, Entergy (NYSE: ETR) is worth a look.
Entergy is an amplified energy play, of sorts. For those seeking immediate cash, there's Entergy's healthy $3 annual dividend. But for those who want more than a typical utility stock, there's the company's present nuclear power operations, and its prospects for significantly larger nuclear power operations, moving forward. Entergy closed Tuesday down 61 cents to $123.54.
Entergy, the second largest nuclear power generator in the U.S., provides power to 2.6 million customers spread over Arkansas, Louisiana, Mississippi, and Texas. Analysts see that rate customer base driving double-digit EPS gains for 2007-2008, and probably beyond. The Reuters F2007/F2008 EPS consensus estimates for ETR are $5.62/$6.87.
Equally significant, along with favorable energy use trends in the regions it serves, look for Entergy to be a player as the United States rediscovers nuclear power as part of its power generation mix. Concerns about the pollution and greenhouse gas emissions of coal-generated electric plants, along with the nation's projected energy demand for the decade ahead, have prompted regulators to grant nuclear power proponents a larger stake in the nation's energy generation plan. Look for ETR to benefit from that new energy generation plan.
The First Call mean rating for ETR is: Buy. (16 firms) Mean 2007 target: $119.80. (high: $126, low: $110.)
Stock Analysis: Entergy is a moderate-risk stock not suitable for low-risk investors. If your portfolio does not contain a utilities or a high dividend stock, consider buying ETR. Investors with an investment horizon longer than one year should be rewarded from ETR's shares. Sell / Stop Loss: $82.
Equally significant, along with favorable energy use trends in the regions it serves, look for Entergy to be a player as the United States rediscovers nuclear power as part of its power generation mix. Concerns about the pollution and greenhouse gas emissions of coal-generated electric plants, along with the nation's projected energy demand for the decade ahead, have prompted regulators to grant nuclear power proponents a larger stake in the nation's energy generation plan. Look for ETR to benefit from that new energy generation plan.
The First Call mean rating for ETR is: Buy. (16 firms) Mean 2007 target: $119.80. (high: $126, low: $110.)
Stock Analysis: Entergy is a moderate-risk stock not suitable for low-risk investors. If your portfolio does not contain a utilities or a high dividend stock, consider buying ETR. Investors with an investment horizon longer than one year should be rewarded from ETR's shares. Sell / Stop Loss: $82.
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Reader Comments (Page 1 of 1)
11-07-2007 @ 4:57PM
tom said...
Productivity has very little to do with measuring unemployment. Instead, it relates to working more hours by the same number of people employed. This translates into people having more than 1 job to make ends meet, and overtime paid.