51% GAIN ON OHIO ELECTRIC UTILITY FIRSTENERGY – MORE GAINS TO COME
By Nigam Arora & Dr. Natasha Arora
Please click here to see the chart of FirstEnergy (FE). Note the following:
- FE is long from an average price of 25.14. The stock is trading at $38.03 as o this writing. This represents a gain of 51%.
- You have also been getting a dividend of 4.15% while holding the stock. 51% gain does not include the dividends.
- Normally investors buy utility stocks just for dividends and capital appreciation is not easy to come by. The Arora Report subscribers have enjoyed significant capital gains on utility stocks over the years. A number of our utility picks have been bought out producing a fortune.