NiSource: A Growth Stock with a Solid Future
Focus on Projected Growth, Not Historical Performance
NiSource has historically enjoyed a strong EPS growth rate of 46%. However, investors should focus on the company's projected growth, which is expected to remain robust in the coming years. There are several reasons why NiSource is a compelling growth stock:
Double-Digit Earnings Growth
Growth investors prefer companies with double-digit earnings growth, as this is often seen as a sign of strong business fundamentals. NiSource is projected to deliver double-digit earnings growth in the coming years.
Favorable Industry Outlook
NiSource operates in the electric and gas utility sector, which is expected to benefit from growing demand for energy and infrastructure investments. The company's regulated business model provides it with a stable base of earnings.
Competitive Advantages
NiSource has several competitive advantages, including its strong market position, diversified portfolio, and commitment to innovation. These advantages should enable the company to continue growing its earnings.
CEO Compensation
The median total compensation for CEOs of companies similar in size to NiSource is around $15 million. NiSource's CEO earns significantly less than this, indicating that the company is focused on delivering shareholder value rather than executive compensation.
Conclusion
NiSource is a solid growth stock with a promising future. Its projected double-digit earnings growth, favorable industry outlook, competitive advantages, and reasonable CEO compensation make it an attractive investment for long-term investors.
For more information on NiSource, please visit the company's website: https://www.nisource.com
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