Talen Energy ($TLN): Still Room to Run, says Enrique Abeyta
Enrique Abeyta first brought independent power producer (IPP) Talen Energy (NYSE: TLN) to his HX Research readers’ attention when it was $67. He spoke about it on the BBAE Podcast when it was roughly $100. So with Talen touching $190 per share recently, I wanted to bring Enrique back on to see if he still likes Talen for new money. He does.
Enrique thinks the risk of an adverse FERC ruling on Talen’s Amazon data center deal is overblown, and that the stock still has far more upside.
Will Enrique be right? I don’t know – but to be fair, on Talen, he’s been right so far.
Click here or on the image below to watch our chat:
This article is for informational purposes only and is neither investment advice nor a solicitation to buy or sell securities. All investment involves inherent risks, including the total loss of principal, and past performance is not a guarantee of future results. Always conduct thorough research or consult with a financial expert before making any investment decisions. Neither the author nor BBAE has a position in any investment mentioned.
