ITC Holdings Corp. (NYSE:ITC)
CAPS Rating:
The Company through its operating subsidiaries, ITCTransmission and METC, is engaged in the transmission of electricity in the United States.
The Company through its operating subsidiaries, ITCTransmission and METC, is engaged in the transmission of electricity in the United States.
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Recs
I like the prospects of electrical infrastructure upgrades in the US and a mid-cap company like ITC usually makes for good growth opportunities. The Midwestern energy movement will be huge, have you seen the number of wind turbines in the Plains States? Illinois and Indiana alone have huge wind farms visible for miles from the highways. Strong financial statements sold me on this company.