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Via Long Investment Ideas from Seeking Alpha:
It's been a tough five years for FirstEnergy (FE), the nation's fifth-largest publicly owned utility. First the company had some bad publicity for its role in America's biggest blackout. Efforts to overcome that blunder and improve operations have left investors seemingly unimpressed, and there are still concerns about the effects of rising fuel costs, stricter pollution laws, and reduced electricity demand. With a $73.63 close on Friday, well below its 52-week high of 84, Barron's sees potential for this stock to shine.
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