The shares of utility and nuclear power generator Entergy Corp (ETR), which I first wrote about on May 12, 2009 at a price of $74.31, have pulled-back this fall in bear-hug fashion to about $70 from $80. Even so, investors should look on that decline as an opportunity to scoop-up shares. Here’s why:
Entergy’s canceled spin-off of its wholesale nuclear assets likely accounts for some of the recent stock price dip.
Read the full story here.
Happy trading,
Curt
More on this topic
(What's this?)
Uranium Prices Report: Uranium to Double on "Nuclear Renaissance"
(Money Morning, 5/4/12)
Why Cheap Oil Means the End of Nuclear Iran
(Wall Street Daily, 5/17/12)
French Nuclear Investment Opportunities
(Energy and Capital, 5/14/12)
Earnings Estimates Reduced On Entergy
(Benzinga, 10/25/10)

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