- Utilities are popular for their stability and dividends but Eversource Energy also has very strong growth.
- The company's large investment program should allow it to grow at a 7% CAGR until 2025 with growth accelerating after that.
- The company is a major player in the development of offshore wind power and the areas in which it operates are looking for further capacity increases.
- The 2.74% yield is low for a utility but it is still reasonable and is easily sustainable.
- The company is trading at a reasonable valuation relative to its peers.
For further details see:
Eversource Energy: Strong Growth And Reasonable Valuation