Nearing 52w lows. 5 start Morningstar rating. 5% or more yield. Low P/B. Beaten down sector. Done deal for me!
I agree, but I am worried about the PPS weakness. At the end of last Q, FE was over 70% institutional holdings. So why are they selling? The only uncertainty is that damn Crap and Trade legislation, with this administration you just dont know.