#7 – Xcel (XEL)
|Wind power has one big problem: inconsistency. If the wind stops blowing, power generation stops dead. This volatility makes it difficult for power regulators and energy producers to plan electricity purchases. But Xcel Energy (NYSE: XEL), the nation’s largest wind energy distributor, has finished tests on using batteries to store wind energy for use at times of peak demand. That’s a huge development. But don’t think that Xcel is a green energy start-up with no revenue to speak of. Primarily a utility company with a market cap of $10 billion, Xcel isn’t going anywhere — and its wind power potential gives it a chance for future growth. The stock’s current yield of 4.5%, with dividends paid for over 100 years, also makes XEL a wise long-term pick.
Louis Navellier’s Top Stocks for the 4th Quarter Surge — Investing pro Louis Navellier details five stocks set to deliver record earnings this October and jump 30%-50% in the next 90 days as the big money piles in. Get their names online here, including Louis’ buy-below and target prices..