CenterPoint Energy Is A Data Center Winner
CenterPoint Energy is positioned as a strong investment opportunity with a 'Buy' rating. The company aims for 7%-9% annual EPS growth through 2035, supported by population growth and industrial demand. Despite a significant capital expenditure plan, it anticipates maintaining a solid dividend yield and robust earnings growth.
- ▪CenterPoint Energy is rated a 'Buy' due to its growth potential in Texas.
- ▪The company targets 7%-9% annual EPS growth through 2035.
- ▪CNP expects to deliver an 8%-9% EPS growth and a 2.2% dividend yield despite ongoing equity issuance.
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