Contact Energy Limited is a New Zealand electricity generator and retailer that also sells piped gas, bottled gas and broadband. Ordinary shares in Contact Energy (CEN) are traded on the New Zealand Exchange (NZX).

In the age of tech-stock blue-sky investing, my choice may seem old fashioned; I still prefer profitable companies like Contact Energy (NZSE:CEN). While that doesn't make the shares worth buying at any price, you can't deny that successful capitalism requires profit, eventually. In comparison, loss making companies act like a sponge for capital - but unlike such a sponge they do not always produce something when squeezed.




Buy Contact Energy Shares