torsdag den 18. maj 2017

Investor expectations make SSE a buy

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DAILY BULLETIN
Thursday 18 May 2017
Investor expectations make SSE a buy
by Robert Stephens | Equities | 5 mins. to read
SSE
Investor expectations can be a gift or a curse. Sometimes they allow investors to buy shares at discounted prices because the market expects a difficult period. Other times, however, they can lead to a disappointing share price performance even if a company records high earnings growth. In such a scenario, if profit growth falls below expectations, share price falls can be on the cards.

One stock which has seen investor expectations deteriorate in recent weeks is SSE (LON:SSE). The general election has prompted a return of the political risk which was present in 2015, when various political leaders made utility companies culpable for a cost of living 'crisis'. Price caps and the potential for nationalisation have caused the SSE share price to fall 5% since the start of the year.

However, a share price fall means SSE now yields 6.2%. At a time when inflation is moving higher and SSE is aiming to match RPI in dividend growth, it could prove to be a sound long-term buying opportunity.

 
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QUOTE OF THE DAY

"It's not the having, it's the getting."
                                                Elizabeth Taylor
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Master Investor Magazine 19
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