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Added to YB: 2024-09-24

Pitch date: 2024-06-30

XEL [bullish]

Xcel Energy Inc.

+46.28%

current return

Author Info

No bio for this author

Company Info

Xcel Energy Inc., through its subsidiaries, engages in the generation, purchasing, transmission, distribution, and sale of electricity in the United States.

Market Cap

$47.9B

Pitch Price

$51.38

Price Target

N/A

Dividend

2.81%

EV/EBITDA

13.86

P/E

24.79

EV/Sales

5.79

Sector

Electric Utilities

Category

value

Show full summary:
American Century Value Fund New Position: Xcel Energy Inc.

XEL: Initiated position in regulated electric/gas utility. Trading at discount due to overblown wildfire liability concerns in CO & TX. Believe insurance likely to cover all/most liability, presenting attractive value opportunity.

Read full article (1 min)