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  • commented 1/2/14
  • tags: DUK
  • I buy Duke Ennergy stock. What are the chances that the stock will go up during 2014? [ less... ]
    I buy Duke Ennergy stock. What are the chances that the stock will go up during 2014?
    Trader Joe commented 2 years ago
    I would be very optimistic that it will rise. I feel that the costs reduction plan in their O&M and overall fleet will provide higher revenues. With what I've heard the corp. freeze on pay raises has reduced labor costs across the fleet by 4% which is quite substantial and the O&M costs are directly correlated with that +/- an additional 4-5%. So DUK is looking good this year.
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