Central Vermont Public Services Corp. (NYSE:CV)
The Company is engaged in the purchase, production, transmission, distribution and sale of electricity.
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The underperform is strictly because the market is crazy right now and conservative stocks with good fundamentals will underperform in the short term.
~5% DY, P/B = 1, P/S < 1
OK...I'll bite! Love the stock but it will not outperform the S&P 500...long term value and sustainable high-dividend payer...gotta love it!
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Highly volitile small cap could go either way in a day,but the cow manure program to generate electricity does have an appealing smell of green.
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may be a takeover prospect, Gaz metro is looking they purchase Green Mountain power last year.
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Central Vermont Public Service Corporation is engaged in the purchase, production, transmission, distribution and sale of electricity. The Company serves about 155,000 retail customers in nearly three-quarters of the towns, villages and cities in Vermont. The Company's wholly owned subsidiaries include Custom Investment Corporation (Custom), which was established for the purpose of holding passive investments, including the stock of the Company's subsidiaries; C.V. Realty, Inc., a real estate company; Central Vermont Public Service Corporation, East Barnet Hydroelectric, Inc., which was created for the purpose of financing and constructing a hydroelectric facility in Vermont; Connecticut Valley Electric Company Inc. (Connecticut Valley), distributed and sold electricity in parts of New Hampshire bordering the Connecticut River, and Catamount Resources Corporation (CRC) established for the purpose of holding the Company's subsidiaries.
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Its an electric company. I mean come on ,do you think people will wake up tomorrow and say HEY! I don't need electricity anymore,NOT!
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population density of VT only 600k as city folk relocate to the hills of VT CV has only one way to go that is up
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