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IDACORP, Inc. (IDA): A Bull Case Theory

We came across a bullish thesis on IDACORP, Inc. on Stock Analysis Compilation’s Substack. In this article, we will summarize the bulls’ thesis on IDA. IDACORP, Inc.'s share was trading at $122.77 as of July 24th. IDA’s trailing and forward P/E were 21.72 and 20.83 respectively according to Yahoo Finance.

[caption id="attachment_373391" align="aligncenter" width="1179"] Pixabay/Public Domain[/caption]

IDACORP, a regulated electric utility based in Boise, Idaho, is seen as one of the strongest growth stories in the utility sector, supported by favorable demographic and...