Sempra (SRE) is considered one of the top utility stocks to invest in by analysts. Despite a few setbacks such as a price drop and decreased Q4 earnings, the company is showing consistency in being a money maker. This consistency is attributed to its strategic decisions, including selling its Mexico energy assets and other areas of its infrastructural unit in order to raise capital for AI investments. The company recently faced a price target cut by Jefferies and CitiGroup due to SIP assets and Q4 performance respectively. There has been a constant change in stock holdings with multiple advisory companies buying and selling shares, indicating a volatile investor sentiment. Jim Cramer, despite acknowledging Sempra's difficulties, views it as a 'sleeper stock with growth and yield', and suggests buying Sempra stocks while on a dip. Other encouraging signs include the company's recent declaration of a common dividend and the upgrading of its stock by analysts. However, following disappointing Q4 earnings, the overall sentiment seems mixed.
Sempra SRE News Analytics from Mon, 14 Oct 2024 07:00:00 GMT to Sat, 19 Apr 2025 15:00:00 GMT -
Rating -5
- Innovation -1
- Information 6
- Rumor -3
