Pinnacle West (PNW) Rides on Investments & Renewable Portfolio

Pinnacle West Capital Corporation (PNW) is involved in the generation, transmission and distribution of electricity from coal, nuclear, gas, oil and solar. The company's ongoing capital investments to clean its generation portfolio, fortify infrastructure and increase production will likely boost its performance. However, this Zacks Rank #3 (Hold) company faces risks related to strict regulations and unfavorable weather conditions. Tailwinds PNW has been expanding its operations through strategic acquisitio ...