Opinion on  Calpine Corp. (CPN)
Utility stock

Strictly a buy and sell holding. Calpine Corporation engages in the generation and sale of electricity and related products and services to wholesale and industrial customers in North America. It offers electricity generated from natural gas-fired combustion and renewable geothermal facilities. The company also operates power plants, geothermal steam fields, wells and well pumps, and gas pipelines. It sells its thermal energy produced by the gas-fired power cogeneration facilities primarily to industrial users. The company markets electricity produced from its generating facilities to utilities and other third party purchasers.

Very Strong Buy across the boards 10/16/08. Calpine is a major U.S. power company, capable of delivering nearly 24,000 megawatts of clean, cost-effective, reliable and fuel-efficient electricity to customers and communities in 18 states in the U.S. The company owns, leases and operates low-carbon, natural gas-fired and renewable geothermal power plants. Using advanced technologies, Calpine generates electricity in a reliable and environmentally responsible manner for the customers and communities it serves. Target 15.