Superior utility PPL Corp. (PPL), first discussed here on May 26, 2009, at a price of $30.56, continues to meander near $26, but just look on that delay as an opportunity to scoop up shares of a superior utility.

PPL provides electricity to 1.4 million U.S. customers in eastern and central Pennsylvania, and also has 19.0 megawatts (mw) of power generation capacity. The company also operates power distribution companies in the United Kingdom, which serve about 2.6 million customers. PPL Energy Plus also markets power to customers in Delaware, Maine, Maryland, Massachusetts, Montana, New Jersey and Pennsylvania.

Continue reading PPL Corp.: Even More Attractive After Acquisition

PPL Corp.: Even More Attractive After Acquisition originally appeared on BloggingStocks on Fri, 04 Mar 2011 14:00:00 EST. Please see our terms for use of feeds.

Utility gem PPL Corp. (PPL), first discussed here on May 26, 2009, at a price of $30.56, has retreated about 10% since September, to about $26, but just look on that dip as an opportunity to scoop-up shares of a superior utility.

PPL provides electricity to 1.4 million U.S. customers in eastern and central Pennsylvania, and has 19.0 megawatts (mw) of power generation capacity. The company also operates two power distribution companies in the United Kingdom, which serve about 2.6 million customers. PPL Energy Plus also markets power to customers in Delaware, Maine, Maryland, Massachusetts, Montana, New Jersey, and Pennsylvania.

Continue reading PPL Corp.: Well-Positioned for Electric Power Growth

PPL Corp.: Well-Positioned for Electric Power Growth originally appeared on BloggingStocks on Tue, 21 Dec 2010 12:30:00 EST. Please see our terms for use of feeds.

The shares of utility PPL Corp. (PPL), first recommended on May 26, 2009, at a price of $30.56, appear to have put in a bottom at/near $25.

In late April, PPL's shares fell significantly after it announced its purchase of Kentucky-based utilities Louisville Gas & Electric and Kentucky Utilities for $7.625 billion, contingent on approvals. The consensus is that the deals will be (at best) modestly dilutive for the first year, and PPL's shares fell roughly $4 to about $24.60 on the news. The deal is expected to close by the end of 2010.

Since early summer, PPL's have trended up slightly, including a push back above the key, 50-day moving average.

Continue reading PPL Corp.: Is a Bottom in Place at $25?

PPL Corp.: Is a Bottom in Place at $25? originally appeared on BloggingStocks on Fri, 17 Sep 2010 15:00:00 EST. Please see our terms for use of feeds.

Continue reading PPL Corp: Investors React Negatively After Acquisition

PPL Corp: Investors React Negatively After Acquisition originally appeared on BloggingStocks on Thu, 13 May 2010 18:30:00 EST. Please see our terms for use of feeds.

Continue reading PPL Corp: A Utility for Challenging Times

PPL Corp: A Utility for Challenging Times originally appeared on BloggingStocks on Thu, 18 Feb 2010 17:40:00 EST. Please see our terms for use of feeds.

PPL Corp.'s (NYSE: PPL) stock has meandered since first recommended on May 26, 2009, at a price of $32.15 -- and even broken below the key, 50-day moving average for a considerable period, something that would typically spark a re-evaluation of the investment.

But PPL is in the electric power generation sector, and rare is the day you should sell a power play. Hence, I'm reiterating my Buy rating for PPL Corp.

Continue reading PPL Corp.: A relative bargain, after a late summer swoon

PPL Corp.: A relative bargain, after a late summer swoon originally appeared on BloggingStocks on Mon, 21 Sep 2009 10:00:00 EST. Please see our terms for use of feeds.