The performance of Atmos Energy (ATO) has attracted investor attention, despite being downgraded to a sell by StockNews.com. It has outperformed many of its utility peers this year, leading some analysts to question whether the buying opportunity has passed. Two appointments to the board of directors have been announced, adding experience and knowledge to the company's leadership. The company has also achieved a number of notable milestones, including reaching a new 12-month high and beating Q3 earnings estimates. However, there are also indications of a slowdown, with some warning that return trends aren't appealing. Despite this, analysts maintain a positive outlook for the long-term performance of ATO stock, pointing out its strengths as a growth and dividend stock. There has been some profit-taking, with firms such as SG Americas Securities and Cetera Investment Advisors lowering their holdings. However, there has also been new investment, as evidenced by the purchase of shares by APG Asset Management and Skandinaviska Enskilda Banken. Given its consistent performance, Atmos Energy is touted as a recession-proof dividend stock worth considering.
Atmos Energy Stocks ATO News Analytics from Thu, 09 Aug 2012 07:00:00 GMT to Fri, 18 Oct 2024 06:22:42 GMT - Rating 6 - Innovation -3 - Information 7 - Rumor 4
