Duke Energy Corporation reported strong Q2-2024 results. The stock has rallied sharply since our last work, and this has pushed it into the sell zone. Covered calls can still work for those bearish here.
Duke Energy (DUK) concluded the recent trading session at $116.22, signifying a +0.8% move from its prior day's close.
Recently, Zacks.com users have been paying close attention to Duke Energy (DUK). This makes it worthwhile to examine what the stock has in store.
In the closing of the recent trading day, Duke Energy (DUK) stood at $116.21, denoting a +0.2% change from the preceding trading day.
In the latest trading session, Duke Energy (DUK) closed at $115.14, marking a -0.64% move from the previous day.
In the latest trading session, Duke Energy (DUK) closed at $117.31, marking a +1.16% move from the previous day.
Recently, Zacks.com users have been paying close attention to Duke Energy (DUK). This makes it worthwhile to examine what the stock has in store.
Recently, Zacks.com users have been paying close attention to Duke Energy (DUK). This makes it worthwhile to examine what the stock has in store.
Duke Energy is a top utility firm with geographic diversity, favorable regulatory oversight, and reasonable growth profile. The company operates in multiple states, with a strong regulated business and attractive RRA profile supporting its operations. Duke Energy offers competitive valuations compared to its peers, with opportunities for fixed income investments through preferred stock and a high yield money market account.
The stocks of most utilities have performed very well since the start of the year, almost keeping pace with the increasingly risky S&P 500 Index. In this article, I present an in-depth valuation analysis of Duke Energy stock, which is now back at its April 2022 all-time high of $115. In addition to well-known valuation methods, I also value DUK (and its peers, WEC and SO) on the basis of cash flows, using rather unconventional approaches.
It's a virtual lock: The Federal Reserve WILL be cutting interest rates soon. The only questions on Wall Street are “When?
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?