BUY NWE @ $57.32

Buying NWE @ $57.32

2% position

Last time I traded NorthWestern Energy, I bought just below $59 and sold at $70 - for a nice 19% gain. With the stock below where I purchased last time, I figure I'll give it another shot to pay me.

NorthWestern has more risk than it did then - but time has also passed. They're having a CEO transition this spring and that's a time when the company could get bought and/or refresh their business plans. I thought the outgoing CEO was great, but the new guy is excellent. He'll have some tough regulatory issues to navigate, but he's ready to bring his company into the energy transition.

More to come on this one. Lots of moving parts, risks, and opportunities.