Dominion Energy: Dirt Cheap Utilities Leader Likely Reached Peak Pessimism
DDominion Energy(D) Seeking Alpha·2023-12-26 21:30

iantfoto I must admit that Dominion Energy, Inc. (NYSE:D) has been one of the most challenging stocks in my coverage, as my previous bullish thesis on the leading multi- utilities has not panned out. I last updated investors in May 2023, as I assessed D could have formed its long-term bottom. However, the market had other ideas, as the 10Y (US10Y) didn't top out until October 2023. As a result, I believe the market has gotten the downtrend bias in D spot on, as D was battered further. While the timing of my ...