5 Best Industrial Disributor Stocks To Own For 2015: Korea Electric Power Corp (KEP)
Korea Electric Power Corporation (KEPCO), incorporated on January 1, 1982, is engaged in the generation, transmission and distribution of electricity and development of electric power resources in the Republic of Korea. KEPCO's business operations include nuclear, hydro and thermal generation; transmission and distribution, and resources development. KEPCO consists of power generation companies, subsidiaries and affiliates, and other share-holding companies. On January 5, 2010, KEPCO developed the prototype of next-generation electric vehicle chargers.
KEPCO completed consulting projects in Myanmar, the Philippines, Indonesia, Libya, Ukraine and Paraguay, and is working on 12 projects in Western Africa, Cambodia, Bangladesh, Pakistan, Egypt, Saudi Arabia and Azerbaijan. KEPCO is investing in green growth business, which includes implementation of Smart Grid and electric vehicle charging infrastructure and reduction of greenhouse gas emissions. KEPCO is engag ed in development of renewable energy projects, including photovoltaic, wind and tidal energy to realize low carbon green growth. KEPCO' s overseas renewable energy projects include wind farms in Gansu (99 megawatts) and Inner Mongolia (1,075 megawatts) in China. KEPCO has secured an annual 520,000 tons worth of carbon emission rights. KEPCO has nine CDM projects related to wind generation project in China, out of 18 CDM projects.
Advisors' Opinion:- [By Monica Gerson]
Korea Electric Power (NYSE: KEP) shares rose 2.09% to reach a new 52-week high of $19.06. Korea Electric Power's PEG ratio is 0.23.
PHI (NASDAQ: PHII) shares jumped 97.46% to reach a new 52-week high of $80.96. PHI shares have jumped 26.08% over the past 52 weeks, while the S&P 500 index has gained 15.37% in the same period.
- [By Jake L'Ecuyer]
Among the sector stocks, Pure Cycle (NASDAQ: PCYO) was down more than 1.3 percent, while Korea Electric Power (NYSE: KEP) tumbled around one percent.
- [By Jake L'Ecuyer]
Leading and Lagging Sectors
Utilities stocks gained Friday, with Korea Electric Power (NYSE: KEP) leading advancers. Meanwhile, gainers in the sector included Huaneng Power International (NYSE: HNP), with shares up 2.1 percent, and Pampa Energia SA (NYSE: PAM), with shares up 2.5 percent.
source from Top Stocks For 2015:http://www.topstocksblog.com/5-best-industrial-disributor-stocks-to-own-for-2015.html
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