PNM Resources, Inc. (NYSE:PNM)

CAPS Rating: 3 out of 5

The Company is an investor-owned holding company of energy and energy-related businesses. The Company's primary subsidiaries are PNM, TNMP, First Choice and Altura.

Recs

1
Player Avatar WPThatcher (27.53) Submitted: 3/27/2011 10:01:28 AM : Outperform Start Price: $13.46 PNM Score: +63.09

Selling below book value with a great dividend yield. Guidance for 2012 and 2013 is up. RSI is superior to the sector. I'm worried about the debt load thought. It seems that management is trying to address that though.

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