New Jersey Resources Corp
NJR: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| >B@ | LOCK|B^F^ | LOCK|ms!w#>W |
New Jersey Resources' Growth Plan Has Support From New Jersey Regulators
Business Strategy and Outlook
New Jersey Resources, or NJR, is one of the few US utilities that has committed to maintaining and growing a diverse set of businesses from rate-regulated natural gas distribution to renewable energy investments. Management's investments across all of its businesses have paid off nicely for investors so far.
