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WEC Energy Group, Inc. Message Board

  • bust_the_shorts bust_the_shorts May 9, 2014 7:28 PM Flag


    You just gotta love those dandies at UBS. Look at all of the sheep that would follow
    them to the ends of the earth. I wonder if the same sheeple followed their last great call:

    May 24, 2012 UBS Downgrade Buy to Neutral

    Hmmm...great call UBS, WEC price was in the mid thirties then and was pushing 50
    a few days ago, not including dividends which were raised multiple times. Take a bow.

    Sentiment: Strong Buy

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    • The downgrade was not due to quality or operations but over valuation. WEC sells at 17.5X this years earnings, but only has a growth rate of about 5%. The dividend hs been holding the stock up, but as interest rates rise, and they will, the comparative advantage that WEC has will go down. UBS is saying based on earnings growth now and in the future that WEC is overpriced. I am an owner for the dividend and am surprised that it is as high as it is. I own enough growth stocks that I am not selling because it adds stability to my overall holdings that bonds would ordinarily do if not for the FED.

      • 2 Replies to rgchjr1945
      • Agree with what you have said. i have been a long term holder of WEC since the 90's and have been reinvesting dividends all the way.
        The problem I have with the brokerages has always been their "free advice to the masses" for various reasons. Over and over I have seen these guys and gals announce their negative opinions on a stock after it ran up 70 to 100%. Of course, they rarely tell you to buy when it was 30 bucks cheaper but slam it when it makes it run. Ulterior moives? Hmmm...I know what my opinion is. The worlds biggest casino is alive and well.

      • I still have that question about that big call position in oct. isn't that still a bullish sign?

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