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CNBC Stock Blog
May.06
3:00 PM ET
Tuesday, 6 May 2008
Opportunities In Utilities (Pt. 2)
Posted By:CNBC.com
Topics:Energy | Stock Picks | Stock Options | Stock Market
Companies:Dynegy Inc (Holding Co) | NRG Energy, Inc. | Allegheny Energy Inc
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
© 2009 CNBC.com
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