[Buying PPL Corporation (PPL)/Day Order/Limit $30.80]
Dear Member:
I like PPL Corporation (PPL) as a classic uptrend play. The stock has just bounced off the trend. It goes ex-dividend today, and pays a dividend at a rate currently around 3.57%. If the stock turns against me, my initial exit would be at $30. The current PE is under 15 and the stock is above the 50 day MA.
DISCLOSURE: At the time of publication, I have no position in the referenced stock.
Sincerely,
Bill Kraft
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