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CNBC EXPLAINS
Opportunities In Utilities (Pt. 2)
By: CNBC.com
Analyst:
Paul Fremont, Jefferies & Co. Managing Director
Comments:
-Likes the "dirty coal" names.
-Many of these companies will be able to pass through higher costs of coal through higher power prices.
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-Very significant cash flow gains coming because of soaring energy prices.
Recommendations:
Dynegy [DYN
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], NRG Energy [NRG
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], Allegheny Energy [AYE
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].
Disclosures:
No conflicts
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