Duke Energy Corp (NYSE:DUK)

CAPS Rating: 4 out of 5

An energy company with an integrated network of energy assets. The company manages a portfolio of natural gas and electric supply, delivery and trading businesses.

Recs

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Player Avatar TMFJLo (92.80) Submitted: 2/21/2013 6:13:52 PM : Outperform Start Price: $63.69 DUK Score: -2.23

Duke recognizes that spending today will mean saving (and earning) tomorrow. During the Q&A portion of the earnings call, Rogers went so far as to make a direct jab at one of his company's competitors: "Our modernization plan is ahead of most utilities in the country. If you look at Southern (NYSE: SO ) today, they are just now starting down the road of modernization of their generation fleet." I fact-checked Rogers, and he's right. In the past three years, Southern has spent 26% of its sales on capital expenditures, while Duke has doled out 32%. With legal battles behind it and a solid fourth quarter, I'm ready to make an "outperform" call on Duke. Read my full bullish take here:

http://www.fool.com/investing/general/2013/02/16/duke-energy-earnings-is-its-dividend-worth-it.aspx

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