CMS Energy Rides on Investments and Renewable Expansion

CMS Energy Corporation (CMS) is making systematic investments to enhance its operations and gain from delivering high-quality services to its consumers. The company is expanding its renewable power portfolio while eliminating coal-generating units. However, this Zacks Rank #3 (Hold) company is exposed to unfavorable costs associated with the shutdown of solid waste disposal facilities for coal ash and fluctuating commodity prices, which are headwinds. Factors Acting in Favor of CMS CMS Energy is investing h ...