IDACORP

IDA | NYSE | 3 Followers
$114.88 +1.24% $1.41
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Fair Price

$753.64
Undervalued by 80.5%
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Profile

IDACORP, Inc. (IDA) is an American energy company headquartered in Idaho. IDACORP and its subsidiaries specialize in the generation, distribution, and sale of electricity in Idaho and surrounding areas. The company is known for its long-standing commitment to sustainability and clean energy, including the development of renewable energy sources such as hydroelectric power. IDACORP, Inc. (IDA) shares may be suitable for investors seeking an opportunity to invest in the energy sector with a focus on sustainability and operations in the Midwest region of the USA.

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Idacorp: the unchallenged leader in energy transformation

Idacorp $IDA is a regulated electric utility in a fast-growing region of the U.S. (Idaho + Eastern Oregon). It combines stable earnings with unexpectedly strong growth potential stemming from demographic expansion, hydropower and data center development.

  • Low cost of energy - Hydropower keeps the price below 10 cents/kWh ...
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As a stable portfolio component for some diversification, it's great.
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