NYSE:PNWElectric Utilities
Is It Too Late To Consider Buying Pinnacle West Capital (PNW) After Strong Multi‑Year Returns
If you are wondering whether Pinnacle West Capital's share price still offers fair value or is starting to look stretched, you are not alone.
The stock last closed at US$93.52, with returns of 7.0% over 30 days, 6.1% year to date, 11.9% over 1 year, 43.5% over 3 years, and 53.1% over 5 years. This naturally raises questions about what is already priced in.
Recent coverage around Pinnacle West Capital has focused on its position as a regulated utility and how investors view its role as a...