Best Gas Utility Companies To Own For 2015

Best Gas Utility Companies To Own For 2015: ITC Holdings Corp. (ITC)

ITC Holdings Corp., through its subsidiaries, engages in the transmission of electricity in the United States. The company operates as conduits, allowing for power from generators to be transmitted to local distribution systems either entirely through its own systems or in conjunction with neighboring transmission systems. Its operations include asset planning; engineering, design, and construction; maintenance; and real time operations. ITC Holdings serves investor-owned utilities, municipalities, cooperatives, power marketers, and alternative energy suppliers. The company was founded in 2001 and is based in Novi, Michigan.

Advisors' Opinion:

• [By Richard Stavros]

  In fact, investment opportunities in this niche could soon be on the rise. Several utilities have been considering creating standalone transmission companies this year, including Xcel Energy Inc (NYSE: XEL). But whether it’s a standalone company or the sale of transmission assets to a transmission company, regulatory approval will still be key. For instance, regulators declined Entergy Corp’s (NYSE: ETR) sale of its transmission assets to transmission company ITC Holdings Corp (NYSE: ITC) in 2013.

• [By Rajhkumar K Shaaw]

  India's S&P BSE Sensex declined for a third week as concerns the rupee will weaken further offset bullish recommendations from CLSA Asia-Pacific Markets and Credit Suisse Group AG. Tata Motors Ltd. (TTMT) slid 2.4 percent, while Cigarette maker ITC Ltd. (ITC) dropped to the lowest in 11 weeks.

source from Top Stocks For 2015:http://www.topstocksblog.com/best-gas-utility-companies-to-own-for-2015-3.html