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Buy Today - CNPStarted position. CFRA has a Strong Buy rating with a $34 PT; Credit Suisse is Outperform and $33 (although it hasn't been updated since August. Owns 54% of ENBL (ENBL selling at BV so it's like getting it for free.) Recently bought Vectren, a company I'd owned for many years before selling it a few years ago. Yield 4%. Utilities, after long runup, are collapsing. Thought I'd buy into a gas utilty as a gradual re-entry into the sector. (Also own OKE.) |
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