Barclay's Top Power Sector Plays for 2013 (NRG) (NEE)
Tweet Send to a FriendGet Alerts NRG Hot Sheet
Price: $26.79 +0.19%
Rating Summary:
13 Buy, 2 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 12 | New: 30
Rating Summary:
13 Buy, 2 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 12 | New: 30
Trade NRG Now!
Barclay's top Power sector plays for 2013 are NRG Energy, Inc. (NYSE: NRG) and NextEra Energy, Inc. (NYSE: NEE). Analysts believe location and business model are likely to separate winners from losers in U.S. Power in 2013.
"The Electric Reliability Council of Texas (ERCOT) is the only competitive power market in the US expected to have a reserve margin below 15% over the next 5 years. Gross margins will have to expand to maintain reliability in that location, which should be positive for incumbent generators. We also believe that Power companies with long term contract business models, namely renewable owners and emerging market companies will outperform due to the predictability of those models," said Barclay's.
Other power companies with Overweight ratings include AES Corporation (NYSE: AES), Calpine Corp. (NYSE: CPN), Covanta Holdings (NYSE: CVA).
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
"The Electric Reliability Council of Texas (ERCOT) is the only competitive power market in the US expected to have a reserve margin below 15% over the next 5 years. Gross margins will have to expand to maintain reliability in that location, which should be positive for incumbent generators. We also believe that Power companies with long term contract business models, namely renewable owners and emerging market companies will outperform due to the predictability of those models," said Barclay's.
Other power companies with Overweight ratings include AES Corporation (NYSE: AES), Calpine Corp. (NYSE: CPN), Covanta Holdings (NYSE: CVA).
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- Morgan Stanley Maintains Bullish Stance on Walter Energy (WLT)
- Deutsche Bank Sees Upside in AIG (AIG) Stock
- Terex (TEX) Suffers from Weakness in Europe; Read-Through For Manitowoc (MTW)
Create E-mail Alert Related Categories
Analyst Comments, Analyst EPS View, General News
Login with Facebook
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
