NV Energy, Inc. (NYSE:NVE)

CAPS Rating: 3 out of 5

Recs

5
Player Avatar lanagl (68.39) Submitted: 9/30/2006 2:03:05 PM : Outperform Start Price: $12.41 NVE Score: +33.39

Has had rocky financial performance in the past few years and omitted its dividend- a very serious matter for a utility stock.
It is a combination of Sierra Pacific Power and Nevada Power and several other activities.
It serves the Las Vegas area in Nevada, the Lake Tahoe area in California and a verysmall portion of Oregon
While there is risk of slowdown in the Las Vegas economic conditions (housing related and general economic decline) It appears to have returned to profitable operation
Payment of a cash dividend could resume within the next year.
An interesting speculation.

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