Pinnacle West Capital Corp
PNW: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| BS | LOCK|$H | LOCK|mRM%%s |
Growing Arizona Economy Supports Pinnacle West's Investments
Business Strategy and Outlook
Population growth and economic growth in Arizona have helped Pinnacle West ride through a turbulent couple of years dealing with state regulators. However, state rate regulation appears to be turning positive. Pinnacle West could be on the verge of another long run of attractive earnings growth and dividend increases.
