 | Hitting the spot: CNL (01/20/2005)
Cleco Corporation (NYSE:CNL) is an energy services holding company that has two principal operating business segments: Cleco Power LLC, an electric utility regulated by the Louisiana Public Service Commission and the Federal Energy Regulatory Commission, and Cleco Midstream Resources LLC, a merchant energy subsidiary. Cleco Power has approximately 264,000 customers in 104 communities in central and southeastern Louisiana. Cleco Midstream owns and operates wholesale generation plants in Louisiana.
For long term (six months and more), indicators show an upward trend for CNL. Short term: Price to buy, under $19.73. Price to sell: TA suggests that CNL can reach a price over $20.26 for the next 10-20 days.
Regards, gmelean
P.S. Some friends of U.K., Australia and Spain ask me for a spot stock (short term, not for day trading) like this frequently. So, I will try to post a spot stock (immediate execution) every day.
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