Stock Analysis PSD- Puget Power


What I paid for it

$18.00

What I like about it:

  • Fair insulation from credit problems, and recession.
  • Good dividend yield at 4.1% (distribution Dec 1).
  • Company due to be purchased at $30 pending one final approval (this is the big one).

What I don’t like about it:

  • P/E higher than industry, sector, and S&P.
  • Price to Sales higher than industry, sector, and S&P.
  • Doesn’t really meet any of my traditional Graham investing rules.
  • One should never buy into litigation.

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