CenterPoint Energy: Poised For Steady Long-Term Growth
CenterPoint Energy(CNP) Seeking Alpha·2024-06-22 20:00
Artistic Operations Shares of CenterPoint Energy (NYSE:CNP) have been a modest performer over the past year, rising just 7%, and lagging the broader market as elevated interest rates have weighed on utility valuations. However, shares have been rising steadily since reporting solid Q1 earnings and sit near a 52-week high. I last covered CenterPoint in March, rating shares a “buy,” and since that recommendation, CNP has returned 12%, ahead of the market’s 6% rally. I remain bullish Seeking Alpha In the ...