FirstEnergy: Utility Candidate For A Stop Loss Limit Order

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About: FirstEnergy Corp. (FE)
by: George Fisher
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George Fisher
Utilities, industrials, newsletter provider, value
Summary

Since our article on January 23, 2018, FirstEnergy is up 68% vs. 17% for S&P 500.

Elliott Management has exited its $1+ billion investment, and following its lead should be considered.

FirstEnergy’s regulatory environment leaves much to be desired.

As Grandfather Fisher told me decades ago, “You never go broke taking a profit”.

FirstEnergy Corp. (FE) is a regulated electric utility serving parts of Ohio, Pennsylvania, West Virginia, New Jersey, and Maryland. In addition, it operates one of the largest electricity transmission systems in the East