The Southern Company (SO) has been showing strong potential in several aspects of its operations. Notably, it continues to deliver a steady return on equity, leading some to consider it a top-quality stock. Despite varying market conditions, several analysts including Raymond James and Jefferies have given SO an Outperform rating, primarily due to promising growth prospects. The company has also shown promise in financial performance with a 24th consecutive year of dividend increase and a successful upsizing of convertible notes offering to $1.45 billion. Interestingly, SO is regarded as one of the best stocks to buy during a recession. SO’s commitment to innovation is seen with their new tech program which promises to revolutionize the energy innovation timeline. Meanwhile, the recently announced results of their Stockholders meeting and Projection for a storm-heavy 2025 under Georgia Power demonstrates strategic preparedness. However, the company's valuation is still seen as not enticing, and it has also been suggested that getting in cheap on its stock is unlikely at the moment.
The Southern Company SO News Analytics from Tue, 08 Oct 2024 07:00:00 GMT to Sat, 14 Jun 2025 06:49:39 GMT - Rating 6 - Innovation 4 - Information 7 - Rumor 2
