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An integrated energy company engaged primarily in electric power production and retail electric distribution operations. It has two business segments: Utility and Non-Utility Nuclear.
Good defensive play with some growth potential. I like the strong dividend, consistent history of earnings, and their exposure to nuclear power. With the S&P nearing 1100, I believe it has a reasonable shot at outperforming.
I see you like this company because of nuclear energy. I believe nuclear energy is the only cost effective non-polluting energy on the planet, just a bit more technology and getting used to by people and it should be everywhere in the next century, especially in China where they are trying to reduce their carbo emissions. Suggestion DNN, or DML here in canada, quite undervalued at the moment due to low price of uranium, their price to book value is very low at the moment.
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