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While we continue to believe TXU TXU shares are currently overvalued, we plan to revisit our modeling assumptions following the release of second-quarter operating results Aug. 1 and will provide an updated report soon thereafter.
TXU continues to generate robust cash flows.
Investors should assess why they own high-yield bonds and what their expectations are going forward.
This article represents opinions of the author and not those of his firm and are subject to change from time to time and do not constitute a recommendation to purchase and sale any security nor to engage in any particular investment strategy. The information contained here has been obtained from ...