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amassafortune (29.12)

August 2011

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AEP Near Fukushima Price Level

August 08, 2011 – Comments (1) | RELATED TICKERS: AEP

Near today's $35.00 level, it is my opinion that American Electric Power is a pretty good bargain. Its 5%+ dividend has little risk of being lowered. That rate beats most U.S.-backed notes, bonds, and bills, and in my opinion, has more credit worthiness. At least when AEP's board meets, the members' varied opinions are hashed out and the result is a solvent, profit producing strategy - not losses incurred at a slower rate.   [more]

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