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$24.73 0.06 (0.24%)
2/9/2010 4:00 PM

Cleco Corp (CNL)

CAPS Rating:
***

The Company is a regional energy services holding company, which conducts all of its business operations through its two principal operating business segments: Cleco Power and Midstream.

Rating a stock in CAPS consists of three components:

Your call - Will this stock outperform or underperform the S&P 500? Successful picks are measured in terms of whether or not you were correct and by how many percentage points.

Your time frame - A guideline for other members to see whether your thinking is short or long-term. Time frame is also used to calculate the stock rating, but is not used in the scoring of your pick.

Your pitch - Here's your chance to offer more detailed thoughts, analysis, concerns, or the rationale behind your call. The pitch is optional and may be added later.

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What the Community Thinks

Total Members

60 Outperforms
8 Underperforms
 

All-Stars

22 Outperforms
2 Underperforms
 

Wall Street

6 Outperforms
1 Underperforms
 

Members bullish on CNL are also bullish on:

Members bearish on CNL are also bearish on:

Ticker Tags

Small Cap (1645), Electric Utilities (64), Income (1401), Utilities (167), Distressed (1597), Defensive (1457), Hard Asset (1002)
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Cleco Corp At A Glance

Current Price: $24.73
Last Trade Time: 2/9/2010 4:00 PM
Open: $24.94
Previous Close: $24.67
Daily Range: $24.69 - $25.13
52-Week Range: $18.69 - $28.14
Volume: 249,453
Market Cap: $1.50B
P/E Ratio: 13.94
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Stock Trends

CNL VS S&P 500 (SPY)

News & Discussion Boards

Top Bull Pitch

Recs

0

Cleco Corp (CNL)

Avatar Garranova (91.74) Submitted: 9/15/06 9:42 AM

I profiled these guys for Tulane's Burkenroad Reports in 1999.

Too lazy for due diligence; straight to the thumbs-up. I guess I just miss college sometimes.

Replies: 1 | Reply | Permalink

Top Bear Pitch

There are no pitches that meet the Top Bear criteria. Explain

If this upsets you, start recommending pitches below!

CAPS Members

picks per page. CHANGE

Results 1 - 4 of 4  

Recs

0

 (CNL)

Avatar DavidSobel (38.25) Submitted: 2/02/10 10:32 AM : Outperform Start Price: $25.73 CNL Score: -2.02

I love the power companies

Report this Post Replies: 0 | Reply | Permalink

Recs

0

 (CNL)

Avatar synergize (99.18) Submitted: 6/02/08 5:10 PM : Underperform Start Price: $22.95 CNL Score: -27.40

Cleco Corporation holds investments in several subsidiaries, including Cleco Power LLC (Cleco Power) and Cleco Midstream Resources LLC (Midstream), which are its operating business segments. Cleco Power is an electric utility, which is engaged principally in the generation, transmission, distribution and sale of electricity, within Louisiana. Cleco Power serves approximately 273,000 customers in 106 communities in central and southeastern Louisiana. Midstream is a merchant energy subsidiary that owns and operates merchant generation stations and invests in joint ventures that own and operate a merchant generation station.

On February 1, 2007, the ownership interests of Midstream’s transmission interconnection facilities, Perryville Energy Holdings LLC and Attala Transmission LLC were transferred to Cleco Corporation.

Technical Analysis:

Bear trap. Stochastics going down. MACD Crossing over. Sellers are entering the market. Near $23 target.

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Recs

0

 (CNL)

Avatar racoveanul (82.38) Submitted: 6/01/08 12:11 PM : Outperform Start Price: $23.37 CNL Score: 26.30

Since I only do this on sundays...
I used Bates' DDM and project 52.24 for this stock.
I undertook my investigation of the electric utilities sector starting with the idea that this is a mature sector, probably the first to get out of any slump.

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Recs

0

 (CNL)

Avatar cfreddyretire (60.09) Submitted: 1/27/08 4:13 PM : Outperform Start Price: $22.88 CNL Score: 24.23

strong and steady utility, good divs

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Results 1 - 4 of 4  

Wall Street

Results 1 - 7 of 7  

picks per page. CHANGE Expand All Pitches

Top
Pick
Member NameMember RatingStart
Date
CallTime FrameStart
Price
Stock
Gain
S&P
Gain
ScorePitch
TrackGoldmanSach < 20 01/15/10 Underperform 5Y $26.52-6.76%-5.65%+1.11 Toggle the visibility of 60-Second Pitch and replies
TrackDavenport 72.99 11/19/07 Outperform NS $25.11-1.51%-22.42%+20.91
TrackWellsFargo 80.02 11/15/07 Outperform NS $24.54+0.77%-23.36%+24.12
TrackJohnKeeley < 20 09/30/07 Outperform NS $22.97+7.67%-26.38%+34.05 Toggle the visibility of 60-Second Pitch and replies
TrackCalyonSec 45.46 09/26/07 Outperform NS $23.39+5.75%-26.22%+31.96
TrackMatrix 90.36 03/13/07 Outperform NS $22.58+9.52%-18.81%+28.34
TrackJimCramer < 20 07/13/06 Outperform 3W $20.48+20.76%-7.69%+28.45

Results 1 - 7 of 7  

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