2 Reasons to Hold on to NV Energy Stock

2 Reasons to Hold on to NV Energy Stock

NV Energy is a selection for the real-money Inflation-Protected Income Growth portfolio. That pick is about to get bought out for $23.75 in cash by Warren Buffett's Berkshire Hathaway . Ordinarily, it doesn't make sense to hold on to a company that's about to be acquired for cash, but iPIG portfolio manager Chuck Saletta gives two reasons why you may want to hold on to this one just a little bit longer.

Invest Like the Best
Warren Buffett has made billions through his investing, and he wants you to be able to invest like him. Through the years, Buffett has offered up investing tips to shareholders of Berkshire Hathaway. Now you can tap into the best of Warren Buffett's wisdom in a new special report from The Motley Fool. Click here now for a free copy of this invaluable report.

To summarize those two reasons:

  • If holding on until the close is near allows the gain to convert from short-term to long-term, it means money in the investor's pocket.

  • NV Energy is still paying its dividends, which represent $0.19 per share per quarter, with at least one quarter left to pay.

To follow the iPIG portfolio as buy and sell decisions are made, watch Chuck's article feed by clicking here. To join The Motley Fool's free discussion board dedicated to the iPIG portfolio, simply click here.

The article 2 Reasons to Hold on to NV Energy Stock originally appeared on Fool.com.

Chuck Saletta owns shares of NV Energy. The Motley Fool recommends Berkshire Hathaway. The Motley Fool owns shares of Berkshire Hathaway. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Originally published