High Electricity Demand Could Boost These 2 Power Producer Stocks, Says Scotiabank
News Source : Yahoo Entertainment
News Summary
- Scotiabank analyst Andrew Weisel lays out the case for turning high electrical demand into a bonanza for investors.
- Weisel follows up on this stance with recommendations on two utility-scale power producer stocks.
- According to the data at TipRanks, both get Buy ratings from the Street and present double-digit upside potentials.Constellation Energy (CEG) is the largest producer of carbon-free power in the US market.
- The company supplies power to millions of customers in the residential and commercial sectors.
We rarely give much thought to the power outlet on the wall, yet nearly everything in our modern lives depends on it. From appliances and lighting to computers, entertainment, climate control, and mo [+8923 chars]