Vineet Kulkarni
Vineet Kulkarni joined Market Realist in July 2015 and has written more than 4,000 articles. He covers macroeconomics, renewables, and utilities. Vineet earned his master’s degree in business administration with a finance specialization. He's also a CFA Level 3 candidate. Apart from his passion for the stock markets, Vineet is an avid trekker and loves listening to classic rock.
Disclosure: I am in full compliance with all ethics and other policies for Market Realist research analysts. I am not invested in securities that I cover on Market Realist.
More From Vineet Kulkarni
How Barrick Gold Is Placed after Gold’s Rally
The gold rally has eased a bit this week. Since December, Barrick Gold and Newmont Goldcorp have exhibited decent uptrends until recently.
Where Utility Stocks Could Go amid Valuation Concerns
Utility stocks have been rallying for the last two years amid broader market volatility. The rally in these stocks steepened last year.
Where Could SunPower Stock Go from Here?
Wall Street analysts have given SunPower stock a mean target price of $8.56, which indicates a potential upside of 11.5% for the next 12 months.
Would Warren Buffett Consider an Ailing Elephant?
Rumors of Warren Buffett buying into Boeing (NYSE:BA) have filled the air this week. The legendary investor’s interest in airline stocks is well known.
Why American Water Stock Stands Tall among Its Peers
American Water Works stock returned more than 160% in the last five years, including dividends. The return is more than double utilities’ average.
Are Silver Mining Stocks Attractive amid a Bullion Rally?
Silver has shown a decent uptrend since December. Easing trade relations with China was one of the important factors driving silver prices.
More Volatility Ahead for PG&E Stock?
PG&E will exit Chapter 11 bankruptcy by the end of June. The stock might continue to be volatile in trading as this deadline nears amid uncertainties.
Is Gold the Asset To Own amid US-Iran War Threat?
Gold continued to rally amid rising geopolitical tensions recently. The spot gold prices crossed the $1,600 per ounce level on Wednesday.
Comparing NextEra Energy and Dominion Energy’s Dividends
Currently, utility stocks on average offer a yield of 3%. Dominion Energy offers a dividend yield of 4.5%, while NextEra Energy offers a yield of 2.1%.
Time to Go Defensive Due to Rising Geopolitical Risks?
The US and Iran tensions have risen since the China trade war. Defensive investments might come into focus again due to increasing geopolitical tensions.
These Solar Stocks Offer a Strong Gain Potential for 2020
Overall, 2019 turned out to be volatile for solar stocks. However, there were some bright spots among broader markets last year.
What to Expect from Williams Companies Stock in 2020
Williams Companies stock has recovered slightly. However, the energy stock is still trading at a 20% discount to its 52-week high of close to $30.
Gold Continues to Shine amid Geopolitical Risks
Recently, gold continued to rise. US gold futures rose for the eighth time in the last nine trading sessions and reached $1,582 levels per ounce today.
What’s in Store for Southern Company Stock in 2020?
Southern Company (SO) stock had one of the best years in 2019. It gained almost 45%. The stock outperformed utilities at large that rose 22% last year.
What’s in Store for PG&E and Its Investors in 2020?
This year is going to be crucial for PG&E (PCG) and its investors. The utility has a deadline of June 30, 2020, to exit Chapter 11 bankruptcy.
How Will Energy Transfer Stock Perform in 2020?
Energy Transfer (ET) stock had a weak run despite strong earnings growth in 2019. Here’s a look into how analysts think ET will perform in 2020.
Enphase Energy Stock Starts Off 2020 with a Bang
Enphase Energy (ENPH) stock started off 2020 with a bang and surged more than 12% on January 2. Solar stocks also gained yesterday.
Analysts’ Ratings on Top Utility Stocks for 2020
Utility stocks rose more than 22% in 2019. Can they continue their climb in 2020? And how do Wall Street analysts look at them right now?
Tesla Solar: Could 2020 Be the Year of the Solar Roof?
During Tesla’s Q3 call, Musk said that he thinks Tesla’s solar segment could be as big or even bigger than the company’s electric vehicle business.
Was the 2019 Stock Market Rally Really a Trump Effect?
Stock markets maintained their uptrend. They’re trading close to all-time highs. Robert Shiller thinks that the rally was mainly a Trump effect.
Recap of the Dow Jones Index’s Journey in 2019
Overall, 2019 has been eventful. The Dow Jones Index (DIA) and the S&P 500 (SPY) had one of their best years with gains of 24% and 29%, respectively.
Will Warren Buffett Find His Elephant in 2020?
Warren Buffett has been waiting for an “elephant-sized acquisition” for a long time. He didn’t have many opportunities in 2019 due to concerning valuations.
Dow Jones Index’s Top Gains and Losses in 2019
Apple (AAPL) kept the throne with a gain of almost 85% this year. The company is the third biggest component of the Dow Jones Index.
Key Developments for Tesla Solar This Year
Although this year may not have gone as Elon Musk expected, there were some notable developments for Tesla (TSLA) Solar this year.
How’s First Solar Stock Placed before 2020?
Wall Street analysts have given First Solar a mean target price of $70.9, which indicates a potential upside of 22% for the next 12 months.
How Southern Company Stock Has Done This Decade
This year has been special for regulated utility Southern Company (SO). Its stock has rallied more than 50% to all-time highs, beating broader markets.
Where Could Gold Prices Head in 2020?
Higher realized gold prices had a positive impact on these companies in 2019. The positive outlook on gold could increase their earnings next year.
Could Todd Combs Be Warren Buffett’s Successor?
Lately, there have been talks about Warren Buffett’s successor. Rumors have been circulating in the investment community for many years.
Mounting Uncertainties Could Impact PG&E Stock
After being in bankruptcy for almost a year, PG&E stock is trading comfortably close to $11 levels. So far, PG&E stock has fallen more than 50% in 2019.
Could Enphase Energy Stock Stay Strong?
This year’s star solar stock, Enphase Energy (ENPH), has rallied almost 40% in the last month. Many solar stocks have had a strong run.
Where Barrick Gold Stock Could Go from Here
Barrick Gold (GOLD) stock has been trading in a narrow range for the last several weeks. Meanwhile, gold and silver’s performance has been lackluster.
Are Utility Stocks Losing Sheen after a Steep Run in 2019?
Top utility stocks Southern Company (SO) and NextEra Energy (NEE) continued to rise and hit a new all-time high last week.
All Eyes on Newsom, PG&E and Creditors’ War Intensifies
Last week, California Governor Gavin Newsom rejected PG&E’s reorganization plan. He said that the plan lacks governance changes.
PG&E Endures Blackouts, Bankruptcy, and Volatile Stock
On Thursday, PG&E’s chairman, Bill Johnson, said that preventive power shutoffs could continue for at least five more years.
AMLP: What’s Next for Midstream MLPs after a Rebound?
Midstream MLPs have recovered after hitting multiyear lows early this month. The ALPS Alerian MLP ETF (AMLP) is up more than 10% in the last two weeks.
Why Did the Dow Rise despite Trump’s Impeachment?
Yesterday, the Dow Jones and the S&P 500 gained approximately 0.5% each and hit a new all-time high. We’re about to enter the last trading week of the year.
Analyzing the Dividend Profiles of Top Utility Stocks
Among the top utility stocks, NextEra Energy offers a yield of 2.1%, the lowest among its peers. Regulated utility Southern Company (SO) yields 4%.
BofA Survey Shows Bulls Are Back, Challenges Remain
A BofA Global Research Fund Managers survey showed that the bullish sentiment is increasing on equities. Fund managers are shifting their focus to equities.
PG&E Troubles Keep Mounting after Key Settlement
Recently, uncertainty continued to pour in for PG&E (PCG). The bankruptcy court judge approved the company’s $13.5 billion settlement with wildfire victims.
Where First Solar Stock Might Go from Here
First Solar stock is up almost 33% year-to-date, underperforming peer solar stocks. We look at where it might go from here.
Southern Company Stock Soars after Rate Case Approval
Recently, Southern Company (SO) shifted to its top gear. Southern Company stock rose 2.3% on Tuesday—an increase for the fifth consecutive trading session.
How Do Barrick Gold and Newmont Goldcorp Stack Up?
So far, Barrick Gold (GOLD) stock has been trading in a narrow range in the fourth quarter. The stock has risen almost 30% in 2019.
Will Tents Help Tesla Solar Repeat Model 3 Magic?
Musk has been focusing on Tesla’s solar segment this year. Previously, he said that he was making “2019 as a year of solar.”
A Must-Know Look at Consolidated Edison’s Dividends
Consolidated Edison has a dividend yield of 3.4%, higher than utilities’ average of 3%. It declared a quarterly dividend of $0.74 per share in October.
How’s Enphase Energy Stock Placed before 2020?
Cowen and Company increased the target price for Enphase Energy stock. The target price indicates a potential upside of 13% from its current price of $24.6.
PG&E Faces Moment of Truth, Newsom Rejects Plan
California Governor Gavin Newsom rejected PG&E’s (PCG) reorganization plan on December 13. The rejection is a huge setback for the company.
PG&E Filed Amended Restructuring Plan, Stock Falls 8%
Embattled utility PG&E (PCG) stock is trading weakly today. It was down more than 8% at 12:00 PM ET today, sliding for the third straight day.
Could 2020 Be Even Better for Barrick Gold?
Barrick Gold seems well-placed going into 2020. With higher gold prices expected in 2020 and upbeat remarks by the CEO, investors could be optimistic.
How Utility Stocks Could Fare in 2020 with No Rate Cuts
Utility stocks have been some of the strongest equities this year. The stocks are up approximately 20% this year, in line with the Dow Jones.
What’s Next for PG&E as Creditors Play the Newsom Card
Creditors have lobbied California governor Gavin Newson to reject PG&E’s recent $13.5 billion settlement with wildfire victims.
Will the China Trade War Reach a Deal?
The US-China trade war has impacted both of the countries. A trade deal with China still looks uncertain. The new tariffs are scheduled to start this Sunday.
Barrick Gold: Assets, Stock Price, and Price Targets
Barrick Gold stock has shown a decent run this year. The company has been focusing on asset sales and posted better-than-expected earnings in Q3 2019.
DUK: Analyzing Duke Energy’s Dividend Profile
Top regulated utility Duke Energy (DUK) declared a quarterly dividend of $0.945 per share in October. The dividend is set to be paid on December 16.
PG&E Stock: How Far Will the Bankrupt Utility Go?
PG&E (PCG) stock continued to increase and rose another 10% on Tuesday. The stock has risen in ten of the last 12 trading sessions.
Tesla Solar: Is the Version 3 Roof Really Superior?
Whether Elon Musk made 2019 the Year of Solar is debatable. But with Tesla’s Solar Roof Version 3, the company made some notable developments.
ENPH or SEDG: Which Stock Is More Attractively Valued?
Enphase Energy (ENPH) is trading 24x its EPS of $0.98 for the next 12 months—reasonable for a growth stock. SolarEdge (SEDG) is trading 17x its forward EPS.
PG&E Stock: Will This Christmas Be Merrier for Investors?
PG&E (PCG) stock rose as much as 20% on Monday due to the announcement of the company’s settlement with wildfire victims on December 6.
Can Southern Company Stock Keep Up Its Momentum?
Southern Company has continued to trade sideways. The utility stock hit a new 52-week high last month but has been rangebound since September.
What’s in Store for First Solar Stock?
First Solar stock lost 3.4% last week after the US Court of International Trade blocked the Trump administration from withdrawing a tariff exemption.
PG&E’s Settlement with Wildfire Victims Is a Big Win
Last week, PG&E reached a settlement to resolve individual claims associated with wildfires in the last few years. The agreement is valued at $13.5 billion.
The Top Utility Stocks with Strong Dividend Growth
Utility stocks’ dividend growth plays a vital role in driving investors’ total returns over the long term, making it important as a dividend yield.
Will the Dow Jones Keep Trading Strong as Trade Talks Stall?
Phase one trade deal continues to look uncertain. With better-than-expected jobs report, Dow Jones recovered later in the week.
PG&E: Uncertainty Grows amid Interest from Mayors
The prospect of making bankrupt utility PG&E a customer-owned company, floated earlier this month by San Jose’s mayor, is quickly gaining ground.
Has Elon Musk Really Made 2019 the Year of Solar?
Elon Musk is serious about Tesla’s (TSLA) solar segment. Electrek reports Musk has emailed employees about Tesla’s two top priorities.
Warren Buffett Has Loads of Cash and No Takers
Berkshire Hathaway’s huge cash pile might stay in place for a while. Warren Buffett was outbid by Apollo Global Management in his efforts to buy Tech Data.
PG&E Stock: Has Santa Claus Come Early This Year?
Recently, PG&E stock continued to rise. The stock has gained in seven of the last eight trading sessions. Collectively, the stock has risen more than 30%.
What Sets AEP’s Dividends Apart?
American Electric Power Company (AEP) declared a quarterly dividend of $0.70 per share in October. These dividends will be paid on December 12.
Energy Transfer: Investors Await a Santa Claus Rally
Energy Transfer (ET) fell in the last five straight trading sessions and lost almost 8%. Besides ET, most midstream stocks were trading weakly.
Will the US Solar Industry Get Trump’s Support?
To boost the domestic solar industry, Trump imposed a 30% tariff on imported panels last year. However, the policy severely impacted the sector.
Will Tesla Solar’s Israel Expansion Bring Success?
Tesla registered a wholly-owned subsidiary in Israel last month. Along with expanding its EV business, its foray will be important for its Solar segment.
PG&E: Short Interest, Volatility, and Chart Indicators
Bankrupt utility PG&E Corporation (PCG) stock started December off on a positive note, gaining more than 5% on December 2.
Solar Stocks: Analyzing the Top Gainers of 2019
Solar stocks have been a sweet spot among equities this year. On average, they’ve gained 50% this year, notably outperforming broader markets.
Utility Stocks: Is There Any Steam Left in These Defensives?
The Utilities Select Sector SPDR ETF (XLU), which represents the top utility stocks, has been trading in a very narrow range for the last two weeks.
PG&E Gets Hate, but California Blackouts Did Their Job
PG&E was strongly criticized for its preemptive blackouts this season, but according to the company, the blackouts prevented significant damage.
Enphase Energy or SolarEdge: How They Stack Up
Enphase Energy (ENPH) stock fell more than 5% Friday after gaining around 25% collectively over the five previous trading sessions.
Two Top-Yielding Utility Stocks for Uncertain Markets
Generally, investors prefer utility stocks due to their stable dividend-paying capabilities. Currently, they offer an average dividend yield of 3%.
Tesla Solar: Controversies Pile Up for TSLA!
Tesla (TSLA) Solar has been struggling for a long time. The company’s recent version-three of the solar roof tiles could bring a fresh start for it.
SO: Analyzing Southern Company’s Key Indicators
Southern Company (SO) stock has continued to trade close to all-time highs. The stock has gained more than 42% this year, notably outperforming peers.
Hong Kong Bill: US Must Bear Consequences, Says China
While it seemed that the US-China Phase 1 trade deal was coming along, the two sides may just have moved a step back with the signing of the Hong Kong bill.
PG&E Gets No Respite from Inverse Condemnation
Yesterday, a judge denied PG&E’s plea to reduce its current wildfire liability by dodging inverse condemnation, according to the San Francisco Chronicle.
AMLP: What’s Next for Midstream MLPs after a Big Fall?
The ALPS Alerian MLP ETF (AMLP), the representative of the top MLPs in the US, plunged to record lows last week. It’s trading near its all-time low of $7.7.
Utility Stocks: Analyzing the Top Gainers in 2019
Investors keep turning to defensives this year amid uncertainties in the broader markets. Some of the top utility stocks have outperformed their peers at large.
Dow Jones Index: What to Expect as Trade Talks Advance
The Dow Jones Index and the S&P 500 have risen more than 20% and 25%, respectively, this year. The Dow Jones Futures indicate a flattish opening today.
Is First Solar Stock Attractive Again after a Steep Fall?
The recent uptrend in First Solar (FSLR) stock might have soothed investors, but the worst may not be over yet. Here’s why.
PG&E Continues to Burn amid Wildfires and Blackouts
While PG&E Corporation (PCG) continues to tackle deadly wildfires and preemptive blackouts, it’s also readying for a major winter storm this week.
NextEra Energy’s Dividends Look Good despite Low Yield
Renewables giant NextEra Energy (NEE) declared a quarterly dividend of $1.25 per share last month. It’s expected to pay a dividend of $5 per share in 2019.
Is Enphase Energy Stock Readying for Another Big Move?
Solar microinverter maker Enphase Energy (ENPH) stock marginally increased last week. Here’s what could get its stock rising faster again.
Southern Company: Clues Suggest an End to Its Rally
Southern Company (SO) stock has rallied almost 45% this year and is currently trading close to its all-time high. Could its rally soon end?
Why Duke Energy Has Been on Brokerages’ Radar
Duke Energy (DUK) stock fell more than 10% from its 52-week high last month after lower-than-expected third-quarter revenues and share dilution.
US-China Trade Deal Skepticism Hits Dow Jones
A US-China trade deal, which appeared to on the table up until last week, might not happen this year. Yesterday, the Dow Jones fell for a third day.
Energy Transfer Stock Offers a Solid Total Return Potential
Despite solid earnings growth this year, Energy Transfer stock fell close to its multiyear lows recently. Could this weakness be seen as an opportunity?
Will AES Stock Continue Its Surging Spree?
AES Corporation (AES) stock hit a new 52-week high of $18.62 yesterday. Also, it gained in 8 of the last 9 trading sessions.
US Utilities Paint a Grim Picture of Power Generation Mix
Many top utilities rely on coal and other fossil fuels for power generation. They are still far behind their zero-carbon-emission targets.
What’s Next for Sunrun in the Wake of Its Q3 Results?
Sunrun (RUN) stock has lost almost 4% this week. Despite its recent weakness, Sunrun is sitting at a solid gain of about 30% year-to-date.
Why Utilities Are Still Attractive despite Their Valuations
While almost all utility stocks are looking expensive right now, a T. Rowe Price analyst has called utilities “the most underappreciated” sector.
Has the US-China Trade Deal Phase 1 Hit a New Snag?
The partial trade deal between the US and China may just have hit a new snag. Yesterday, the US Senate passed a Hong Kong Human Rights bill.
Where Enphase Energy Stock Might Be Heading
Enphase Energy stock fell almost 4% on Monday. The company announced its supply agreement with Sunrun to provide seventh-generation IQ microinverters.
Where PG&E Stock Might Go amid Mounting Woes
PG&E’s (PGE) troubles continue to mount every day. The bankrupt utility needs to raise a total of $12 billion by December 6 to fund its restructuring plan.
Tesla Solar: Will Innovative Products Lead to Success?
Innovation will be the competitive advantage for Tesla Solar. Tesla launched a solar roof tile last month that’s more efficient and is easier to install.
Where First Solar Stock Might Go from Here
First Solar stock has an EV-to-EBITDA valuation of 6.4x its estimated earnings for the next 12 months. The industry’s mean valuation is greater than 11x.