2024-01-25 10:01:54 ET
Summary
- CMS Energy Corporation's stock price has underperformed the broader markets, but it is expected to rebound.
- The company operates in the energy industry and has a strong presence in Michigan, with reliable revenue generation.
- CMS has a history of beating EPS estimates, and the management appears confident in achieving annual EPS growth of 6-8%.
Investment Rundown
CMS Energy Corporation (CMS) has grown into quite a significant company in the last decades at sits at a market cap of nearly $17 billion. Included in the utilities sector, the company's stock price has done quite poorly, down 8.17% in the last 12 months, underperforming the broader markets by quite a bit. This I think will be temporary and has instead left a quality business that looks like a good buy ahead of the earnings, which is less than a week out now on February 1 ....
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For further details see:
CMS Energy Corporation Looks Strong Going Into Q4 Earnings