Southern (SO) Signs Google Nuclear Deal As Valuation Upside Faces A Fresh Test
Source: Simply Wall St. ·
Southern (SO) is back in focus after signing a new nuclear power agreement with Google, linking future capacity upgrades at Georgia reactors to zero emission credits for the tech giant. Southern’s share price has pulled back in recent months, with a 30-day share price return down 7.66% and a 90-day move down 14.70%, while the 3-year total shareholder return of 42% and 5-year total shareholder…
From the source
Southern (SO) is back in focus after signing a new nuclear power agreement with Google, linking future capacity upgrades at Georgia reactors to zero emission credits for the tech giant. Southern's share price has pulled back in recent months, with a 30-day share price return down 7.66% and a 90-day move down 14.70%, while the 3-year total shareholder return of 42% and 5-year total shareholder return of 61.13% point to a stronger longer-run record. Recent selling pressure suggests that momentum has cooled as investors reassess growth potential and risk around deals such as the new Google nuclear agreement. Scan beyond Southern and see how other grid and nuclear infrastructure players are positioned with the hand picked 40 power grid technology and infrastructure stocks . Southern now trades near US$82.88 after a sharp pullback, while analyst and intrinsic estimates point higher on paper. Where does fair value really land in that gap, and how wide is the margin for error? Most Popular…