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RWE is a big German power generation and distribution company. They derive about 20% of their electricity from nuclear power, which the German government has opted out of earlier this year. Stock price has gone down to half. The current P/E is actually less 5.8, not 58 as stated on Fool.com! Yield of 9.7%, too. I believe they will recover from this market reaction.
A German utility/energy conglomerate with significant exposure to renewable energy sources. RWE engages in traditional oil/gas exploration and transportation, but also has a strong position in energy production and electricity delivery. #1 electricty delivery in Germany, #2 in UK, #3 in Netherlands. I am focused on this company for two reasons First, they are moving towards a variety of renewable electricity development via hydrogeneration, wind, solar, and tidal sources. Second, a dividend that currently pays 6.6% with a tendency to pay out 50-60% of their earnings in dividends. Only pays once a year. Right now, company is off 52 week high by $20.
This stock is oversold - solid company. Even when discounting the crazy German energy policy thisshare should be way up in a year or so.
defensive utility company, healthy balance sheet, expansion plans into Poland - RWE is one of the few major energy suppliers in Germany to go for, debt/equity ratio perhaps a bit less favorable than main competitor E.ON, offset by somewhat more potential.
Strong utilities company. Counties and cities in Germany still have their share, this will keep this company stabel even if the financial crisis will end with the worst scenarios.
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