is duke energy (duk) a good stock pick?

Question

by good I mean any chance this company ushers in an alternitive fuel that booms?

Answer 1

To answer your specific question of alternate energy. Not very likely. The company is an electric and gas utility, not an entreprenuer.

Now is it a good investment? The stock is trending up. That is more than can be said for 70% of the stocks today. It also pays a decent dividend. It servers a growing part of the country.

If you are looking for large potential gains, you should perhaps look elsewhere. If you are looking for a relatively safe though not completely safe investment with the probabilty of staying ahead of inflation, DUK is one to consider.

Personally, I would choose COP or APA or DVN or FTO but those are subject to much more price fluctuation.

Answer 2

Good in what sense? It is a low risk stock with a decent dividend yield.

It won't be tripling in value any time soon. But it won't be going bankrupt, either. With a low beta, it will outperform the market when we enter the recession that I think is coming -- but will not do as well as the market when we recover.

Answer 3

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Answer 4

it has been uptrending for the last three years after a bit of a correction.

Here is there last quarterly -
http://yahoo.brand.edgar-online.com/fetchFilingFrameset.aspx?dcn=0001193125-06-167978&Type=HTML

Answer 5

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