Allegheny Energy knows the U.S. will eventually need more power - Joseph Lazzaro

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Allegheny Energy knows the U.S. will eventually need more power
May 30, 2009 07:10 PM UTC

Joseph Lazzaro

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Symbol	Sentiment	Start	Return	Closed
AYE		05/30/09	-10.64%	--

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Filed under: Stocks to Buy

Readers of this space know that one of the preferred sectors is the electric power generation sector.

And it's preferred for a reason that may not be obvious to all. Electricity via wind, solar, and nuclear generation is likely to play a large role in energy as climate change reduction, then elimination, becomes a societal goal. Electricity also remains a potential propulsion source for cars, given that crude oil has apparently resumed its climb to uncomfortable levels. And with the above in mind, electric power generator Allegheny Energy (NYSE: AYE) is worth a review.

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Allegheny Energy knows the U.S. will eventually need more power originally appeared on BloggingStocks on Sat, 30 May 2009 14:10:00 EST. Please see our terms for use of feeds.

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