This summary was created by AI, based on 1 opinions in the last 12 months.
Despite being a fine utility, Duke Energy is currently facing a downtrend in trading compared to its industry peers. This may indicate potential undervaluation or other market factors affecting its performance. Investors should monitor the company's financials and industry trends closely to make informed decisions.
They have an attractive core business with operations in the Carolinas, Florida and the midwest. But they also have liabilities that led to credit downgrade last March. He wouldn't be excited by a slow, steady utilities company at this stage of the cycle, but Next Era has been trying to buy DUK for the past year. DUK pays you a 3.7% yield to wait. They reported a solid quarter this week. Shares were up 2%. They've benefited from the input of a non-hostile activist investor.
Essentially an energy infrastructure, which he likes as a theme. Overall, he likes this name and thinks it will do all right.
A good quality company, but the problem he has with yield is that we are entering period where we are going to have a rate raise in the US next week. If that is true, utilities are probably the sector that he would avoid most, especially in the US. He would look at a US pipeline instead, or even a telco.
Duke Energy is a American stock, trading under the symbol DUK-N on the New York Stock Exchange (DUK). It is usually referred to as NYSE:DUK or DUK-N
In the last year, 1 stock analyst published opinions about DUK-N. 0 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Duke Energy.
Duke Energy was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Duke Energy.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered Duke Energy In the last year. It is a trending stock that is worth watching.
On 2024-04-24, Duke Energy (DUK-N) stock closed at a price of $98.96.
A fine utility, but it's trading down with its peers.