Historically, tumultuous times offer some of the best opportunities to buy stocks, and the market's recent mess surely qualifies. And though energy firm Duke Energy
In our Motley Fool CAPS community, about 95% of the 1,822 investors rating the company are bullish, so there's no shortage of reasons why Duke Energy will thrive, three of which I've highlighted below.
But here at The Motley Fool, we're all for looking at both the good and bad sides of an investment. Once you're done with this article, you can read the case against the stock, weigh in with your own comments below, or rate Duke Energy yourself in CAPS.
1. Improving outlook
Aside from a $660 million noncash writedown on some assets in the Midwest, Duke Energy put up a strong second quarter, with adjusted earnings per share blowing past analysts' expectations. And similar to the increased outlook from peer Exelon
2. Investing in the future
Smart-grid initiatives may have a way to go, but Duke has been making some significant moves in the space. It recently partnered with Cisco Systems
Many investors love a good dividend from a strong utility stock. And Duke Energy's 5.5% yield sits well among those of its peers like Progress Energy's
To see details of what CAPS members are saying now about Duke Energy, just click on over to Motley Fool CAPS and have a look -- or add your own thoughts directly to this story in the comments box below.
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