Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Is It Time to Buy Stock in The Southern Company (SO)?

Dominion Resources, Inc. (NYSE:D), on the other hand, has big upside to natural gas not only in its generation portfolio but though its vast midstream operations. The company owns 11,000 miles of natural gas transmission, gathering, and storage pipeline in the Marcellus and Utica shales, as well as 947 billion cubic feet of natural gas storage capacity. Not only that but it’s in the process of turning its Cove Point LNG facility into a facility that can export natural gas. The company’s exposure to the growth in natural gas has helped keep its stock afloat over the past year.

So, while The Southern Company (NYSE:SO)’s business might not be wind-driven or all gassed up just yet, that doesn’t mean that its stock isn’t something worth owning. The company’s main focus right now is on nuclear, a move that could pay off handsomely over the long term. That’s why with a 4.5% dividend and that clean nuclear upside, Southern Company has some of the qualities you’d look for in a solid stock for income generation. That’s especially true when you consider that its dividend is tied with Duke Energy Corp (NYSE:DUK)’s for the highest among this peer group. So, if you’re looking for a utility to generate some solid income for your portfolio, then Southern Company stock is certainly a good stock to consider.

The article Is It Time to Buy Stock in Southern Company? originally appeared on and is written by Matt DiLallo.

Fool contributor Matt DiLallo has no position in any stocks mentioned. The Motley Fool recommends Dominion Resources, Exelon, and Southern Company.

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

DOWNLOAD FREE REPORT: Warren Buffett's Best Stock Picks

Let Warren Buffett, George Soros, Steve Cohen, and Daniel Loeb WORK FOR YOU.

If you want to beat the low cost index funds by 19 percentage points per year, look no further than our monthly newsletter.In this free report you can find an in-depth analysis of the performance of Warren Buffett's entire historical stock picks. We uncovered Warren Buffett's Best Stock Picks and a way to for Buffett to improve his returns by more than 4 percentage points per year.

Bonus Biotech Stock Pick: You can also find a detailed bonus biotech stock pick that we expect to return more than 50% within 12 months.
Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.