MGE Energy, Inc. (MGEE): A Bull Case Theory

We came across a bullish thesis on MGE Energy, Inc. (MGEE) on Value Investing Subreddit Page by TickernomicsOfficial. In this article, we will summarize the bulls’ thesis on MGEE. MGE Energy, Inc. (MGEE)'s share was trading at $89.71 as of May 14^th. MGEE’s trailing P/E was 25.34 according to Yahoo Finance.

[caption id="attachment_1217793" align="aligncenter" width="768"] A utility employee connecting wires at a power station in order to distribute electricity to customers.[/caption]

MGE Energy (MGEE), a regulated utility based in Wisconsin, distinguishes itself through...