NEE - Chesapeake Utilities Corporation Headed In The Right Direction But Overbought At Current Levels
- Gas-focused utility with significant presence in Florida’s fast-growing economy.
- Company has a good strategic direction, but that is fully priced into the stock at current levels.
- Potential income investors should wait for either a pullback in the stock price or a significant increase in earnings that can support a better dividend yield.
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Chesapeake Utilities Corporation Headed In The Right Direction, But Overbought At Current Levels