Filed under: Stocks to Buy
Utility PPL Corp. (PPL), first written about on May 26, 2009 at a price of $32.15, is a utility I still like, for several reasons.First and foremost, PPL's business model remains solid: steady, if unspectacular growth in its regulated Pennsylvania power market (1.4 million customer), coupled with stronger growth in unregulated (though more risky) power markets. PPL hopes the increased use of power supply contracts of varying duration will lessen that risk.
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.
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