Looking for undervalued utilities and energy names [Advisor.ca (Canada)]
National Grid Transco, PLC National Grid PLC (NEW) American Depositary Shares (NGG)
US:NYSE Investor Relations:
investors.nationalgrid.com
Company Research
Source: Advisor.ca
When it’s late in the asset-price cycle, it can be hard to find opportunities. Listen to the full podcast on AdvisorToGo , powered by CIBC. For Ellen Lee, portfolio manager with Causeway Capital Management in Los Angeles, there were “few areas of undervaluation,” even after markets dipped last month. (As of March 12, both the S&P 500 and S&P/TSX had recovered from early February lows but have yet to reach late-January levels.) Still, during a mid-February interview, Lee revealed where she was looking. She pointed to the utilities sector where, she said, there are “more opportunities as there are fears of rising rates.” “Because these companies have been defensive safe havens for investors for the prolonged period where we [have] had very low interest rates, there’s been a significant sell-off for the market in this sector,” says Lee, whose firm co-manages the Renaissance International Equity Private Pool. At its March meeting, the Bank of Canada chos
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High impacting National Grid Transco, PLC National Grid PLC (NEW) American Depositary Shares news events
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NGG
News
- Quinbrook Closes £120m Milestone Project Financing for Five Synchronous Condenser Projects [Yahoo! Finance]Yahoo! Finance
- Wind Is Dominating the UK Power Grid, Pushing Out Fossil Fuels [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Wind Is Dominating the UK Power Grid, Pushing Out Fossil Fuels [BNN Bloomberg (Canada)]BNN Bloomberg
- EnergySage Releases Findings of 2024 Electrification Contractor Survey, Predicting Growth and Diversification Amidst Challenges [Yahoo! Finance]Yahoo! Finance
- National Grid Opens Applications for DEI Engineering Scholarship and Internship Program [Yahoo! Finance]Yahoo! Finance
NGG
Sec Filings
- 4/18/24 - Form 6-K
- 4/10/24 - Form 6-K
- 3/28/24 - Form 6-K
- NGG's page on the SEC website