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Jim Cramer on Sempra Energy stock: ‘I would buy that’.
$Sempra Energy (SRE.US)$
Cramer makes a bull case for Sempra Energy on CNBC Squawk on the Street.
"SRE" reported market-beating results for its fiscal Q2 earlier in August.
Sempra Energy stock has already recovered roughly 20% since mid-June.
Cramer makes a bull case for Sempra Energy on CNBC Squawk on the Street.
"SRE" reported market-beating results for its fiscal Q2 earlier in August.
Sempra Energy stock has already recovered roughly 20% since mid-June.
Sempra Energy is the fastest and the best growing utility. It’s a very interesting stock here. It’s incredibly well run. I would buy that. It’s in the bullpen to buy for my Charitable Trust.
Other than Europe, Sempra Energy is also playing a key role in the development of critical energy infrastructure projects in Mexico.
Other than Europe, Sempra Energy is also playing a key role in the development of critical energy infrastructure projects in Mexico.
Earlier in August, the NYSE-listed firm reported its results for the fiscal second quarter that handily topped Wall Street estimates. The stock currently pays a dividend yield of close to 3.0%.
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