Huaneng Power International, Inc. (ADR) (HNP)

saunafool (95.94) Submitted: 6/30/08 2:04 AM : Start Price: $27.41 HNP Score: 16.81

HNP gets the green thumb. They are going to continue getting pinched by high coal prices. However, the Chinese government recently raised the price of gasoline, and eventually they will logically have to raise the price of power. When? I don't know.

So, what we have left is a power company with a lot of capacity in a growing economy that needs all of their product, a reasonable valuation, some upside potential with clean power technology, and a heap of debt. Looks like a typical utility stock--something to pay dividends and maybe appreciate a bit. Compared to the financial and consumer laden S&P, I'll take the power company.

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