BIT:ENELElectric Utilities
Is Enel (BIT:ENEL) Fully Priced After Its $760 Million Solar Deal?
Enel has delivered a strong share price outcome over the past few years, which puts a sharper spotlight on whether the current price still lines up with what its earnings can justify. After that kind of run, the key issue for anyone looking at the stock today is how firmly the recent performance is anchored in profit power rather than just sentiment.
Over the past 5 years Enel has returned 73.4%, which makes the current valuation debate hinge on how durable the underlying earnings engine...