Entergy Corp

NYSE: ETR
$107.45
+$0.68 (+0.6%)
Closing price April 22, 2024
Entergy Corp is a major energy company that produces and distributes electricity across Arkansas, Louisiana, Mississippi, and Texas, serving around 3 million customers. Founded in 1913 and based in New Orleans, Louisiana, it operates through a mix of gas, nuclear, coal, hydro, and solar power sources. With a generating capacity of approximately 24,000 megawatts, Entergy not only supplies electricity to residential and commercial users but also sells power to other utilities and power generation companies. Additionally, it offers natural gas distribution and decommissioning services for nuclear power plants.
Entergy is among the nuclear power generators that will be getting out of the business, choosing instead to focus on its utility rather than its merchant power operations.
Some investors might be thinking that the safety and income from utilities already has seen its upside. Merrill Lynch does not feel that way at all.
The top analyst upgrades, downgrades and other research calls from Thursday include American Electric Power, Facebook, Microsoft, PayPal, Philip Morris, Spotify and Under Armour.
The volatility that came back into the market with a lightning 10% sell-off in early February looks here to stay, so moving to a more defensive growth posture may be a solid idea.
While many would say utilities are a bad bet in a rising-rate environment, the bottom line is interest rates are still at generational lows and will remain there even if the Federal Reserve lifts...
The top analyst upgrades, downgrades and other research calls from Monday include Adobe, Apple, Bristol-Myers, Citigroup, Ford, Groupon, Phillips 66 and United Rentals.
The top analyst upgrades, downgrades and other research calls from Thursday include AMD, Biogen, Capital One, Intuit, Jinko Solar, Micron Technology, Albermarle and Alnylam Pharmaceuticals.
Wednesday’s top analyst upgrades, downgrades and initiations include BP, BHP Billiton, Goldman Sachs, Halliburton, IBM, Qualcomm, Rockwell Collins and Sirius XM.
The top analyst upgrades, downgrades and initiations seen on Thursday include Biogen, Goldcorp, GoPro, Oracle, Sirius XM, Tyson Foods and Ciena.
Maybe we are finally seeing that utilities cannot rise endlessly without a concern about proper P/E ratios and rising interest rates. In the daily upgrades and downgrades, there are often many sector...
The top analyst upgrades, downgrades and initiations seen on Thursday morning include Groupon, Merck, News Corp, Walt Disney, Vonage and Western Digital.
The top analyst upgrades, downgrades and initiations seen on Monday morning include Ciena, Delphi Automotive, Harley-Davidson, Regions Financial, Wal-Mart and Weatherford International.
The top analyst upgrades, downgrades and initiations seen on Tuesday morning include Arcelor Mittal, Chesapeake Energy, Domino's Pizza, Juniper Networks, 3M, QEP Resources, Starbucks and YuMe.
One good avenue for investors to consider, especially with yields sinking once again, is maybe to take profits in cyclicals and move some of those gains to utility stocks.
The top analyst upgrades, downgrades and initiations seen on Friday morning include Capital One, Energen, Micron Technology, Salesforce.com, United Continental, United Rentals and Viacom.