National Grid plc (ADR) (NYSE:NGG)

CAPS Rating: 5 out of 5

The Company's principal operations are the ownership and operation of regulated electricity and gas infrastructure networks in the UK and the US.


Player Avatar TMFJLo (89.96) Submitted: 11/8/2012 3:47:21 PM : Outperform Start Price: $48.99 NGG Score: +9.25

National Grid (NYSE: NGG ) has a customer base half the size of Duke Energy, but it also has a secret weapon. Although its business in New York, Massachusetts, and Rhode Island won't skyrocket anytime soon (average 0.27% growth), investors would be wise to remember that 67% of this corporation's profits comes from its U.K. operations.

The 2011 U.K. census reported the kingdom's largest population increase ever. With a 7% growth rate, the U.K. grew by 3.7 million people, compared with the United States' 2.2 million additions.

Read my full bullish take here:

Member Avatar xferjenx (38.81) Submitted: 1/20/2013 10:23:04 AM
Recs: 0

"Plus, its 7.4% dividend is an attractive enticement for any income investor."

Must've been a dividend cut because I compute 4.2%...

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