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Current DateTime: 05:22:26 29 Nov 2009
LinksList Documentid: 30328029

CNBC Stock Blog

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Aug.08
12:45 PM ET
Friday, 8 Aug 2008
Utility Stocks Ready to Jump

Energy prices surge and fall -- but America still needs to be powered.

So Greg Gordon of Citigroup says these utility stocks are good bets, thanks to their buildouts, expansions and investments in alternative energy.

Watch the video above for Gordon's insights -- and stock picks.

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Companies Gordon discusses:

Allegheny Energy [AYE  Loading...      ()   ]

Pacific Gas & Electric (PG&E) [PCG  Loading...      ()   ]

FirstEnergy [FE  Loading...      ()   ]

Wisconsin Energy [WEC  Loading...      ()   ]

American Electric Power [AEP  Loading...      ()   ]

____________________________________
Disclosures:

The companies listed above have been and/or may be investment banking clients of Citigroup. Citigroup Global markets has or had them as clients, and the services provided were non-investment banking securities related.

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© 2009 CNBC.com

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