When I last wrote on international utility operator AES (AES), a Seeking Alpha reader commented that the company reminded him of a person who consistently tests at a genius level IQ, but never actually amounts to anything in life. As a long-term holder of AES, that comment cuts a little close to home, as there always seems to be to some external excuse for what in retrospect has become a tradition of under-performance. Although there is still potential for this company to do better, you can go broke betting on potential in lieu of performance.
Please continue here:
Can AES Get Out Of Its Parents' Basement?