- Otter Tail is one of the more unique utilities around because it derives about 30% of its net income from manufacturing.
- The company's manufacturing operations have completely recovered from the effects of the pandemic and could be a source of growth going forward.
- The company is investing in renewables but is not being as aggressive as many of its peers.
- The company's balance sheet is incredibly strong and the dividend appears to be quite sustainable.
- The stock currently has an attractive valuation relative to its peers.
For further details see:
Otter Tail: Clearly Recovered From The Pandemic But Still Boasting An Attractive Valuation