Pinnacle West Capital is a holding company. Through its subsidiary, Arizona Public Service Company, a vertically-integrated electric utility, Co. provides either retail or wholesale electric service to several of the state of Arizona, with the main exceptions of about one-half of the Phoenix metropolitan area, the Tucson metropolitan area and Mohave County in northwestern Arizona. Co.'s reportable business segment is its regulated electricity segment, which consists of regulated retail and wholesale electricity businesses (primarily sales supplied under traditional cost-based rate regulation) and related activities and includes electricity generation, transmission and distribution.
When researching a stock like Pinnacle West Capital, many investors are the most familiar with Fundamental Analysis — looking at a company's balance sheet, earnings, revenues, and what's happening in that company's underlying business. Investors who use Fundamental Analysis to identify good stocks to buy or sell can also benefit from PNW Technical Analysis to help find a good entry or exit point. Technical Analysis is blind to the fundamentals and looks only at the trading data for PNW stock — the real life supply and demand for the stock over time — and examines that data in different ways. |