A Look Into Utilities Sector Value Stocks

  • By Grand News Network
  • |
  • November 8, 2023

What are Value Stocks?

A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued.

Benzinga Insights has compiled a list of value stocks in the utilities sector that may be worth watching:

  1. OPAL Fuels (NASDAQ:OPAL) - P/E: 8.21
  2. Brookfield Renewable (NYSE:BEPC) - P/E: 2.8
  3. Enel Chile ...

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