Wall Street's Most Accurate Analysts Say Hold These 3 Utilities Stocks With Over 3% Dividend Yields
Portfolio Pulse from Lisa Levin
The most accurate Wall Street analysts recommend holding three high-yielding utility stocks: Ameren Corporation (AEE), PNM Resources (PNM), and ONE Gas (OGS). These stocks have dividend yields of 3.18%, 3.32%, and 3.59% respectively. Recent news for these companies include better-than-expected quarterly results for Ameren and PNM Resources, while ONE Gas posted weaker-than-expected results.
September 05, 2023 | 12:37 pm
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NEUTRAL IMPACT
Ameren Corporation has a dividend yield of 3.18% and recently posted better-than-expected quarterly results.
The high dividend yield and positive earnings report make AEE a good hold. However, the stock's future performance will depend on the company's ability to maintain its dividend and continue posting strong results.
CONFIDENCE 70
IMPORTANCE 70
RELEVANCE 100
NEUTRAL IMPACT
ONE Gas has a dividend yield of 3.59% but posted weaker-than-expected results for the latest quarter.
While OGS's high dividend yield is attractive, the weaker-than-expected results could impact the stock's future performance. Investors should monitor the company's future earnings reports.
CONFIDENCE 66
IMPORTANCE 66
RELEVANCE 100
NEUTRAL IMPACT
PNM Resources has a dividend yield of 3.32% and recently reported better-than-expected second-quarter earnings.
The high dividend yield and strong Q2 earnings make PNM a good hold. However, the stock's future performance will depend on the company's ability to maintain its dividend and continue posting strong results.
CONFIDENCE 68
IMPORTANCE 68
RELEVANCE 100