Wall Street Fundamentals Releases New In-Depth Stock Reports on DUK, FE, NEE and SO


Follow this company

Companies Mentioned

NYSE:DUK / NYSE:FE / NYSE:NEE / NYSE:SO
02/14/2014 [ACCESSWIRE]

Utility stocks have regained popularity amongst investors in 2014 due to rising uncertainties in the broader markets and declining treasury yields. The S&P 500 Utilities Index has gained 4.87 percent year-to-date (the best out of the 10 sectors), while the S&P 500 Index has fallen 1.0 percent. "People are going to be looking at utilities more seriously this year in part because the stock market in general might be a little bit rockier," said John Carey, portfolio manager at Pioneer Investment Management. According to FactSet, the average dividend yield for utilities is 3.9 percent, compared to the S&P 500’s average dividend yield of 2.0 percent.

Duke Energy Corp. (NYSE: DUK) shares traded in the range of $70.63 to $71.54 Thursday before settling to close at $71.43, an increase of 0.79 percent. The stock appears to be facing some resistance at the $72.66 and $73.21 levels with some support at $70.93 and $70.07. The company currently offers investors an annual dividend yield of roughly 4.37 percent. Shares of Duke Energy have gained approximately 3.5 percent year-to-date.

More information on Duke Energy and access to the free equity report can be found at: 
www.WallStreetFundamentals.com/DUK

FirstEnergy Corp. (NYSE: FE) shares traded in the range of $30.97 to $31.76 Thursday before settling to close at $31.60, an increase of 1.71 percent. The stock appears to be facing some resistance at the $31.83 and $32.84 levels with some support at $31.13 and $30.21. The company currently offers investors an annual dividend yield of roughly 4.56 percent. Shares of FirstEnergy have fallen approximately 4.0 percent year-to-date.

More information on FirstEnergy and access to the free equity report can be found at:      
www.WallStreetFundamentals.com/FE

NextEra Energy, Inc. (NYSE: NEE) shares traded in the range of $91.68 to $93.11 Thursday before settling to close at $92.85, an increase of 0.70 percent. The stock appears to be facing some resistance at $93.52 with some support at the $92.00 and $90.67 levels. The company currently offers investors an annual dividend yield of roughly 2.84 percent. Shares of NextEra Energy have gained approximately 7.0 percent year-to-date.

More information on NextEra Energy and access to the free equity report can be found at: 
www.WallStreetFundamentals.com/NEE

The Southern Company (NYSE: SO) shares traded in the range of $41.50 to $42.31 Thursday before settling to close at $42.23, an increase of 1.49 percent. The stock appears to be facing some resistance at the $42.26 and $42.42 levels with some support at $41.67 and $41.40. The company currently offers investors an annual dividend yield of roughly 4.81 percent. Shares of The Southern Company have gained approximately 2.7 percent year-to-date.

More information on The Southern Company and access to the free equity report can be found at:
www.WallStreetFundamentals.com/SO

Wall Street Fundamentals offers our members a full range of investor services including in-depth equity reports on your favorite companies and timely market updates featuring the hottest stocks trending in the marketplace.

Activate your always free membership by signing up at www.WallStreetFundamentals.com today.

Disclaimer: Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. Wall Street Fundamentals has no financial relationship with any company whose stock is mentioned in this release.

Contact:
Wall Street Fundamentals
Website:
www.WallStreetFundamentals.com
Email: editor@wallstreetfundamentals.com

COMMENTS

Leave a comment...
 * 

Your Name
 *