NV Energy, Inc. (NVE)

I think NV is a great place for large scale solar deployment, and this company owns the grid to get that power to the people.

PEGDY screen 9_18_2009

When the market turns around NVE will shine like Vegas...

Like the Dividend

TMFDeej

http://caps.fool.com/Blogs/ViewPost.aspx?bpid=180203&t=01001019292467236494

I am going out on a bit of a limb, but with Nevada challenged by water issues and subprime issues, and with a pretty high debt load, and with shrinking income and net numbers, this looks like a sell to me. It might take a while to shake out so I would not buy any puts right away.

plenty of upside

Short term, expect to get pummeled. No reason to think it will immune. However, this is a long term pick. When PGE and SoCal Ed are short on power during an exceptionally hot summer day, the balance is made up by SRP. SRP mainly supplies juice to Vegas; this glitzy town has suffered a big downturn, so you might think long term prospects are thin. However, the population increase in the Southwest in the next few years during the recovery from the current recession, SRP will no longer have enough excess generation capacity. Ch-Ching$$$.

The CAPS description speaks for itself in this age of increasing demands for electric energy. "An investor-owned holding company with operating subsidiaries engaged in the utility business." Plus, in July 08 it announced the "Redemption of All of Its Remaining 9% General and Refunding Mortgage Notes", so it is significantly reducing debt.

Utilities are always a need, with summer so close we'll cont. to see it going steedy for the next couple of months.

Nevada area utility company. I like that they are forward thinking, that they are involved in solar thermal energy plays: Investing in Solar Thermal Energy Production http://caps.fool.com/Blogs/ViewPost.aspx?bpid=57086&t=01003940541747827267

got a feeling

This is a utility stock with lots of insider buying and recent momentum to the upside. It operates in the Las Vegas/Lake Tahoe area.

TradingMarkets long term power rating of 9 (4/22/08)

Public utilities are a tough sell, but I believe Sierra Pacific Resources is a good pick due to the geographic region in which it operates. Its hard not to make money when you serve most of Las Vegas one of the only growing housing markets in the country.

Fantastic company.

I expect a fifty percent increase in the next few months.

When all the subprime mess is finally behind us, all those new homes in Nevada will have occupants who can pay their utility bill.

i think they are making a strong comeback and will soon return to dividend paying status.

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.