Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

household energy self-sufficiency

The Junk Pile

Is Xcel Energy Making Money?

Today’s utilities display more than a casual similarity to the old-time newspaper operators and phonebook companies. That is ignoring the competition, offering questionable customer service, and treating ratepayers like cattle. That alone should give long-term investors a pause, but value investors might note companies like Xcel should make money for investors for years – even if progress ultimately kills their business.

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