Korea Electric Power Corp (ADR) (NYSE:KEP)
CAPS Rating:
An electric utility company which is engaged in the transmission and distribution of considerably all of the electricity in Korea.
An electric utility company which is engaged in the transmission and distribution of considerably all of the electricity in Korea.
Recs
KEP is an undervalued company. It's in a relatively safe market, in a growing economy, and in a monopolistic position. Yesterday's absurd price decline due to the North Korea and South Korea tensions make this baby a favorite of mine because it was beaten down even more irrationally... Some say the North Korean leader is irrational, but so are the people who sold this stock yesterday over it.