PPL Corp: Even More Attractive After Acquisition

Superior utility PPL Corp PPL, first discussed here on May 26, 2009 at a price of $30.56, continues to meander at/near $26, but just look on that delay as an opportunity to scoop-up shares of a superior utility.

PPL provides electricity to 1.4 million U.S. customers in eastern and central Pennsylvania, and also has 19.0 megawatts (mw) of power generation capacity. The company also operates power distribution companies in the United Kingdom, which serve about 2.6 million customers. PPL Energy Plus also markets power to customers in Delaware, Maine, Maryland, Massachusetts, Montana, New Jersey, and Pennsylvania.

Continue reading the article.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: Long IdeasTrading IdeasUtilities
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!