A better-ranked stock from the same space is IDACORP, Inc. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
IDACORP delivered an average surprise of 6.97% in the trailing four quarters.
(IDA) : Free Stock Analysis Report Alliant Energy Corporation (LNT) : Free Stock Analysis Report PNM Resources, Inc.
And this outperformance has not just been a recent phenomenon. From 2000 - Q1 2017, the composite yearly average gain for these strategies has beaten the market more than 11X over.
Additionally, extensive environmental regulations at both federal and state levels remain headwinds.
Alliant Energy is currently targeting a long-term annual earnings growth of 6%.
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