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THE SOUTHERNDRNTHE SOUTHERNDRNTHE SOUTHERNDRN

THE SOUTHERNDRN

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T1SO34 trade ideas

$SO 5 Month Play Energy companies are quite predictable, and $SO is one of the best Energy providers in the United States. Highest employee favourability and a top choice by many investors for consistent growth. One of the best things about $SO is that it has consistent swings of 10-20% and you can catch these swings over 4-6 Month periods. Buying here between $62-$64 and will double down on my position down to the support line at $55. Target is $80-$82. Time based stop loss for end of July
NYSE:SOLong
by bishopknight
SO | Utilities Companies Are Oversold | BounceThe Southern Company, through its subsidiaries, engages in the generation, transmission, and distribution of electricity. It operates through Gas Distribution Operations, Gas Pipeline Investments, Wholesale Gas Services, and Gas Marketing Services segments. The company also develops, constructs, acquires, owns, and manages power generation assets, including renewable energy projects and sells electricity in the wholesale market; and distributes natural gas in Illinois, Georgia, Virginia, and Tennessee, as well as provides gas marketing services, wholesale gas services, and gas pipeline investments operations. In addition, it owns and/or operates 30 hydroelectric generating stations, 24 fossil fuel generating stations, three nuclear generating stations, 13 combined cycle/cogeneration stations, 45 solar facilities, 15 wind facilities, one fuel cell facility, and four battery storage facility; and constructs, operates, and maintains 76,289 miles of natural gas pipelines and 14 storage facilities with total capacity of 157 Bcf to provide natural gas to residential, commercial, and industrial customers. The company serves approximately 8.7 million electric and gas utility customers. Further, the company offers digital wireless communications and fiber optics services. The Southern Company was incorporated in 1945 and is headquartered in Atlanta, Georgia.
NYSE:SOLong
by DivergenceSeeker
2
SO - Quick Short for 30% Gain?With rising energy prices and looming recession is Southern Co, gas and electric utility company, able to sustain growth it enjoyed since March 2020 or is it time for another deep correction? Fundamental indicators: Revenue and Profits - has not demonstrated consistent long-term earnings growth over the past 10 years Profit margin - the company is quite effective with circa 16% for the last 3 years P/E - highly overpriced with 36x ratio considering this is not a growth company Liabilities - no problems Technical analysis: The correction of March 2020 was formed by a rapid impulse Since then the bull run which has culminated in April 2022 was very choppy and unlikely to be impulse or ending diagonal This means that it was a complex wave B of the overall Running Flat correction and another rapid impulse may now take place In this scenario wave C is normally of the same amplitude as wave B hence the target of $48 Looking at both fundamental challenges and potential wave structure do you think this scenario is possible? Please share your thoughts in the comments and like this idea if you would like to see more stocks analysed using Elliott Waves. Thanks
NYSE:SOShort
by vitalalyt
SO | Child of Market Irrationality and EfficiencyThis chart is a perfect example of how the market is overtly irrational but also simultaneously efficient. The recent Russian debacle and resulting growing concerns of global economic slowdowns (see: return to pre-COVID economics) has all the utilities performing very well for the past couple days while banks have languished (folks are looking for safety and yield). Make no mistake: These weakness are only perceived. If you go to a company like Berkshire (which has exposure to all kinds of industries where consumer demand is directly observed in its statistics) economic indicators remain strong. My prediction: If Russian issues persist I'd expect more of what we're seeing. If this persistence is itself "persistent" I'd expect to see an eventual return to trend as people and markets get "bored". If the Russian issues are speedily halted or resolved, I'd expect a strong sell-off in the utilities and would expect the S&P, financials, and tech to roar back into value with a vengeance. Either way, investing in utilities right now is buying $1.00 with $1.05. It doesn't make sense and I'm not adding to my utility positions anymore, regardless of how well I like the sector over-all. Long term, I think we will eventually revert to pre-COVID economics but the present scare is just that: a scare.
NYSE:SO
by forever_green