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The most oversold stocks in the utilities sector presents an opportunity to buy into undervalued companies.
PNM Resources (PNM) and American Electric Power inked a deal to divest around 50% stake each in New Mexico Renewable Development, LLC for $230 million.
Investors looking for stocks in the Utility - Electric Power sector might want to consider either PNM Resources (PNM) or MGE (MGEE). But which of these two stocks is more attractive to value investors?
Investors interested in stocks from the Utility - Electric Power sector have probably already heard of PNM Resources (PNM) and MGE (MGEE). But which of these two companies is the best option for those looking for undervalued stocks?
PNM Resources' (PNM) third-quarter 2023 earnings increase year over year. Total operating expenses decrease during the same period.
PNM Resources (PNM) came out with quarterly earnings of $1.54 per share, beating the Zacks Consensus Estimate of $1.30 per share. This compares to earnings of $1.46 per share a year ago.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does PNM Resources (PNM) have what it takes?
Investing in defensive sectors such as ALLETE (ALE), PNM Resources (PNM), Consolidated Water Co (CWCO), California Water Service Group (CWT) and Vistra Corp. (VST) should be safe.
ALBUQUERQUE, N.M., Oct. 6, 2023 /PRNewswire/ -- PNM Resources will announce third quarter 2023 financial results prior to the market opening on Friday, October 27, 2023.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does PNM Resources (PNM) have what it takes?