New Jersey Resources Corps (NYSE:NJR)
The Company is an energy services holding company providing retail and wholesale energy services to customers in New Jersey, in states from the Gulf Coast to New England, and Canada.
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Recs
Good earning potential as well as able to pay out dividends.
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This company does a great job at what it does. Pays a nice dividend too.
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Natural Gas prices will soldify profits for NJR. Company received favorable rate hikes as approved by NJBPU.
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A small energy player right now with an eye on expansion. Strong, steady growth that shows no signs of stopping soon.
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trading below its 200 day moving average of $32.99 and has only a 5 year average in income of 2.8%. Estimates for next year are only at 3.13%.
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the pluses for this company are to numerous to mention,look it up!
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Run the numbers. The company is unbeatable.
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Just upgraded to a BUY with a target of $57.00
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Local energy corp with 3% dividend
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GREAT MANAGEMENT AND CONSISTENT PERFORMER
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NJR = I have a sore behind from kicking myself on this one. A winner. I passed it up numerous times for whatever reason - but not common sense.
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