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Idacorp Inc IDA

IDACORP, Inc. is a holding company. The Company operates through its subsidiary, Idaho Power Company (Idaho Power). Idaho Power is an electric utility engaged in the generation, transmission, distribution, sale, and purchase of electric energy and capacity and is regulated by the state regulatory commissions of Idaho and Oregon and by the Federal Energy Regulatory Commission (FERC). Idaho Power provides electric utility service to over 633,000 retail customers in southern Idaho and eastern Oregon. Its customers are in food processing, electronics and general manufacturing, agriculture and other sectors. Idaho Power also provides irrigation customers with electric utility service to operate irrigation pumps during the agricultural growing season. Its other subsidiaries include IDACORP Financial Services, Inc. (IFS), an investor in affordable housing and other real estate tax credit investments, and Ida-West Energy Company (Ida-West), an operator of small hydropower generation projects.


NYSE:IDA - Post by User

Bullboard Posts
Post by vforvalueon Mar 05, 2008 6:31pm
124 Views
Post# 14603523

Beware: Overrated

Beware: OverratedThe fall of IDA, not just today with a 1%, but over the few months is justified. It was, and still is, heavily overrated with its EPS, PE, PEG, and PS higher than all of its competitors and industry. Its technicals are also heavily influencing this stock to fall. Moreso, it just reported a profit fall of 43%. Think twice before buying IDA.
Bullboard Posts