Core Insights - The article discusses the effectiveness of a hybrid investing strategy known as GARP (Growth at a Reasonable Price), which combines elements of both value and growth investing to navigate market uncertainties [2][4]. Group 1: GARP Strategy - GARP investing focuses on stocks that are undervalued while also having solid sustainable growth potential, utilizing the price/earnings growth (PEG) ratio as a key metric [4][5]. - A lower PEG ratio, ideally less than 1, indicates both undervaluation and future growth potential, making it attractive for GARP investors [6]. Group 2: Screening Criteria - Successful GARP investing involves several screening criteria, including a PEG ratio less than the industry median, a P/E ratio below the industry median, and a Zacks Rank of 1 (Strong Buy) or 2 (Buy) [8][9]. - Additional criteria include a market capitalization greater than $1 billion, an average 20-day volume exceeding 50,000, and a percentage change in F1 earnings estimate revisions greater than 5% [9]. Group 3: Stock Picks - Subaru Corporation (FUJHY) is highlighted as a strong investment pick with a Zacks Rank of 2, a Value Score of A, and a long-term expected earnings growth rate of 24.6% [10][11]. - Enersys (ENS) also qualifies as a solid investment with a Zacks Rank of 2, a Value Score of A, and a long-term expected growth rate of 18% [12]. - Nomura Holdings, Inc. (NMR) is noted for its Zacks Rank of 2, a Value Score of A, and a projected earnings growth rate of 22.6% over the next five years [13]. - American Airlines (AAL) stands out with a Zacks Rank of 1, a Value Score of A, and an impressive long-term expected earnings growth rate of 37.6% [14].

Second Dual Win Continues Legacy of ExcellenceNEWARK, N.J., Jan. 6, 2025 /PRNewswire/ -- Public Service Electric & Gas (PSE&G), New Jersey's largest utility, is proud to announce that J.D. Power has recognized PSE&G as the top utility for residential customer satisfaction in both the electric and gas customer service categories in the East Large Segment for 2024. This achievement marks the second time PSE&G has earned this prestigious dual recognition for its residential customer satisfaction.No. 1 Ranking ...

With the market getting increasingly fickle on external shocks, investors are more focused on finding an investment strategy that emphasizes judging a stock's inherent potential. Needless to mention, value investment is gaining popularity day by day.  However, this apparently simple-to-understand investing strategy has historically shown dangerous outcomes a number of times because of people’s oversight of its basics.Warren Buffet, the popular value investor, believes that proper understanding of the “intri ...

The Neighborhood Partners Program has supported over 400 nonprofits in 14 counties across New Jersey and Long Island NEWARK, N.J., Dec. 16, 2024 /PRNewswire/ -- The PSEG Foundation celebrated a decade of community impact through its Neighborhood Partners Program (NPP), hosting a special event to honor more than 400 nonprofit organizations that have received nearly $8 million in grants since the program's inception. This year, the program set new records, with an 11% increase in applications and $1.2 million ...

At a time when volatility strikes every second day, investors often rely on value investing rather than other options like growth or momentum. As soon as other investors start selling their stocks at a cheaper rate in times of market uncertainty, value investors take this as an opportunity to pick good stocks at a discounted price.Several stocks that have surged significantly in the recent past have shown the overwhelming success of this pure-play investment strategy. Here, we discuss five such stocks — Ing ...

Group 1 - Public Service Enterprise Group (PSEG) declared a dividend of $0.60 per share for the fourth quarter of 2024, payable on or before December 31, 2024, to shareholders of record on December 10, 2024 [1] - PSEG is a predominantly regulated infrastructure company focused on a clean energy future, aiming to provide cleaner, safer, and more reliable energy [2] - PSEG has been recognized on the Dow Jones Sustainability North America Index for 16 consecutive years and is included in the 2023-2024 list of U.S. News' Best Companies to Work For [2]

Just as the presidential election results are unfolding, investors are certain about one particular thing — a probable increase in volatility in the equity space in the course of the week. At the time of publishing this article, Trump’s return to the White House has been confirmed although not officially declared yet.Be that as it may, considering the diverse focus and agenda of the parties, conditional to the final/official voting outcome, a number of sectors are bound to see growth compared to others. Whi ...

Company reminds those struggling with bills that state programs are availableUNIONDALE, N.Y., Nov. 4, 2024 /PRNewswire/ -- As winter heating season approaches, PSEG Long Island reminds customers that programs exist to help people struggling with utility bills. There are also many ways they can lower their bills by using energy wisely. Michael Voltz, PSEG Long Island's director of Energy Efficiency and Renewables, speaks at the PSEG Long Island Energy Forum for Advocates on Oct. 23, 2024. The annual even ...

Public Service Enterprise Group THIRD QUARTER 2024 NYSE: PEG Financial Results Presentation November 4, 2024 PSEG Third Quarter 2024 Forward-Looking Statements Certain of the matters discussed in this presentation about our and our subsidiaries' future performance, including, without limitation, future revenues, earnings, strategies, prospects, consequences, and all other statements that are not purely historical constitute "forward-looking statements" within the meaning of the Private Securities Litigation ...

Core Insights - Public Service Enterprise Group (PSEG) reported strong financial results for Q3 2024, with net income of $520 million, or $1.04 per share, and non-GAAP operating earnings of $448 million, or $0.90 per share [1][5][19] - The company narrowed its full-year 2024 non-GAAP operating earnings guidance from a range of $3.60 to $3.70 per share to $3.64 to $3.68 per share [2][4] - PSEG successfully resolved two major regulatory filings, including PSE&G's first base rate case in six years, which will provide an additional $505 million in annual revenues [3][5] Financial Performance - PSEG's Q3 2024 net income increased significantly from $139 million in Q3 2023 to $520 million, while diluted earnings per share rose from $0.27 to $1.04 [5][19] - Non-GAAP operating earnings for Q3 2024 were $448 million, compared to $425 million in Q3 2023, reflecting a growth in operating performance [5][22] - The company reported a total capital investment of approximately $1 billion in Q3 2024, bringing year-to-date capital spending to $2.7 billion, on track to exceed the full-year investment plan of $3.5 billion [7][25] Regulatory Developments - The New Jersey Board of Public Utilities approved PSE&G's multiparty settlement for its base electric and gas distribution rate case, effective October 15, which includes a return on equity of 9.6% and a higher equity ratio of 55% [5][6] - PSE&G's Clean Energy Future-Energy Efficiency (CEF-EE II) program was also approved, authorizing a $1.9 billion investment program aimed at energy efficiency [5][6] Segment Performance - PSEG's Public Service Electric and Gas segment reported net income of $379 million in Q3 2024, down from $401 million in Q3 2023, primarily due to higher depreciation and interest expenses [6][7] - The PSEG Power & Other segment showed a significant turnaround, with a net income of $141 million in Q3 2024 compared to a loss of $262 million in Q3 2023, driven by improved energy margin contributions and federal nuclear production tax credits [7][36] Future Outlook - PSEG's merchant nuclear fleet continues to perform well, contributing to reliable, carbon-free energy supply, and the company is pursuing long-term growth opportunities in nuclear energy [4][6] - The company aims for a long-term non-GAAP operating earnings growth rate of 5% to 7%, supported by its ongoing investments and regulatory approvals [4][6]