AESC - CenterPoint Energy: Buy This High-Growth Utility On Dips

Summary

• CenterPoint Energy, Inc. is a large electric and natural gas utility that operates in various states throughout the central part of the country.
• The company enjoys a very stable cash flow over time, which is something that could be very useful in a weak economy.
• The company is positioned to deliver reasonably strong growth through the end of the decade.
• CenterPoint Energy has a reasonably strong balance sheet and the dividend is well-covered.
• CenterPoint Energy, Inc. looks a bit expensive relative to its peers.

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