Dominion Energy should benefit if the Fed cuts interest rates. Pfizer is poised to return to growth thanks to business development deals and a strong pipeline.
In the closing of the recent trading day, Dominion Energy (D) stood at $57.37, denoting a +0.46% change from the preceding trading day.
Dominion Energy is rebounding with strong EPS growth, debt reduction, and benefits from rising power demand, especially from data centers. Despite past challenges like dividend cuts and investments in wind power, Dominion's fundamentals are improving, supporting a positive outlook. With an attractive valuation, strategic investments, and a solid growth trajectory, Dominion Energy offers compelling value for long-term investors.
D hits a new 52-week high owing to the company's consistent strong performance and approval from the NRC to extend its North Anna power station's operations.
Kinder Morgan is keeping its balance sheet in check while exploring new growth opportunities. Dominion Energy has cleared some major hurdles that have been holding it back.
NextEra Energy has a long track record of increasing its dividend annually. NextEra Energy's dividend growth rate of around 10% has attracted a loyal following on Wall Street, but left the stock with a premium price.
Dominion Energy should benefit from interest rate cuts. Rate cuts should also help Realty Income.
Dominion Energy currently pays a dividend yield of 4.8% at recent prices. Its location in Virginia gives it exposure to the world's largest data center market.
Dominion Energy is one of the largest regulated utilities in the United States. The utility has a generous 4.7% dividend yield.
Dominion Energy could attract more income investors as bond yields fall due to rate cuts. D.R. Horton should see a surge in new-homes demand if the Fed's actions cause mortgage rates to fall.
Dominion Energy has whittled its portfolio down to a largely regulated electric utility business. The company is working on reducing debt before it will start to increase its dividend again.
Dominion Energy offers a better-than-average annual yield. With a good earnings track record, Dominion Energy provides income seekers an alternative to Treasury bonds.