ALLETE, Inc. (NYSE:ALE)

CAPS Rating: 4 out of 5

The Company provides fundamental products and services which includes its two core businesses, Energy and Real Estate, as well as former operations in the water, paper, telecommunication and automotive industries.

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Player Avatar BTM2SEA (78.10) Submitted: 4/7/2009 10:03:12 AM : Outperform Start Price: $21.61 ALE Score: +15.79

This is a solid, well-run company that will outperform the market over the next five years. Currently sporting a dividend yield of 6.9% and a P/E of 9.1, I think the uncertainty in the Florida real estate segment overshadows other core operations. I also like it when insiders like Emery Sidney add to their holdings.

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