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Profiting From Power Upgrades
"The one pure-play transmission company is ITC Holdings...They own nothing but transmission lines, own, operate, and build them, and also stand to benefit very well from that. The Energy Policy Act of 2005 put together a number of incentives for transmission investment...that allow a company like ITC to benefit very significantly."
Andrew Smith, JPMorgan Utilities Analyst
Smith also likes: Entergy and Dynegy.