Is Southern Company Stock a Buy?

Southern Company's (NYSE: SO) Vogtle nuclear power plant project is over budget and delayed, which is the bad news. However, once you get past that one issue, the giant U.S. utility is basically a pretty boring company. For conservative investors, it's worth closer inspection despite its construction-related woes.

Its efforts to get that pair of nuclear reactors built in Georgia, the only two nuclear plants being built in the country at this time, have been dragging on the company for several years. Matters got so bad that, following the 2017 bankruptcy of the construction management company (Westinghouse) that the utility had tapped for Vogtle, Southern stepped in to take over project oversight directly. Things were going relatively well after that -- until 2020, when the coronavirus pandemic upended the construction process.

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Source Fool.com