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Friday, May 7, 2010

FPL Group

FPL Group (NYSE: FPL) is a utility in Florida. The utility sector is considered "safe harbor" given the increased volotility in the market.

Its market cap is 21B while enterprise value is 40B according to Yahoo Financial.

Key data:
EPS:  4.42
Dividend:   2.00  (Yield 3.9%)
P/E:   11.58  (vs. 14.82 for industry)
PEG:  1.68  (vs. 2.5 for industry)

Best part:  this stock DID NOT FALL yesterday!


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