CMS’s Electric Utility segment is involved in the generation, purchase, transmission, distribution and sale of electricity. This segment generates electricity through coal, wind, gas, renewable energy, oil and nuclear sources. Its distribution system comprises 208 miles of high-voltage distribution overhead lines, four miles of high-voltage distribution underground lines, 4,428 miles of high-voltage distribution overhead lines, 19 miles of high-voltage distribution underground lines, 82,474 miles of electric distribution overhead lines, 9,395 miles of underground distribution lines, 1,093 substations and three battery facilities.
The Gas Utility segment engages in the purchase, transmission, storage, distribution and sale of natural gas, which includes 2,392 miles of transmission lines, 15 gas storage fields, 28,065 miles of distribution mains and eight compressor stations.
The Enterprises segment is involved in independent power production and marketing, including the development and operation of renewable generation.
Shareholders receive a 3.40% dividend. The BofA Securities target price is $66, and CMS Energy stock has a consensus target of $67.46. The closing share price on Friday was at $58.36.
Coca-Cola
This is a top Warren Buffet holding, as he owns a massive 400 million shares. Coca-Cola Co. (NYSE: KO) is the world’s largest beverage company, refreshing consumers with more than 500 sparkling and still brands. It has an incredibly strong worldwide brand, with 40% overseas sales.
The company’s portfolio features 20 billion-dollar brands including Diet Coke, Fanta, Sprite, Coca-Cola Zero, vitaminwater, Powerade, Minute Maid, Simply, Georgia and Del Valle. Globally, it is the number one provider of sparkling beverages, ready-to-drink coffees and juices and juice drinks.
Through the world’s largest beverage distribution system, consumers in more than 200 countries enjoy Coca-Cola beverages at a rate of more than 1.9 billion servings a day. Also remember that the company also owns 16.7% of Monster Beverage, which continues to deliver big numbers.
Coca-Cola stock comes with a 3.07% dividend. The $73 Barclays target price compares with a $70.01 consensus target and Friday’s close at $61.16.
Exxon Mobil
This mega-cap energy leader trades at a reasonable valuation and still offers investors an excellent entry point. Exxon Mobil Corp. (NYSE: XOM) is the world’s largest international integrated oil and gas company. It explores for and produces crude oil and natural gas in the United States, Canada, South America, Europe, Africa and elsewhere.
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