10 Stocks for an All-American Portfolio

These names can make patriotism profitable

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10 Stocks for an All-American Portfolio

NRG Energy

NRG185 10 Stocks for an All American PortfolioSector: Utilities
YTD Performance: +15%

NRG Energy (NRG) is next on the list, as its portfolio of companies combine to make the largest competitive power generator in the U.S. and a leader in U.S. solar power development. NRG generates more than 47,000 megawatts (MW) of fossil fuel, nuclear, solar and wind capacity.

NRG — the parent of retail electricity providers like Reliant, Green Mountain Energy Company and Energy Plus — does business across more than 100 locations in 19 states and Washington, D.C., with nearly half of its megawatts coming from its East region and another 35% coming from states along the Gulf.

Sure, it makes a few megawatts internationally, but they only account for roughly 1% of its total generation, according to NRG’s recent annual report.

For the patriotic cherry on top, the company’s solar and repowering initiatives will create a total of 8,000 jobs from 2007 to 2014 — around the number of Americans that NRG currently employs.


Article printed from InvestorPlace Media, http://investorplace.com/2013/07/10-stocks-for-an-all-american-portfolio/.

©2014 InvestorPlace Media, LLC

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