NEW YORK ( TheStreet) -- Centrais Eletricas Brasileiras (EBR - Get Report), Companhia Energetica de Minas Gerais (CIG - Get Report), Enersis (ENI - Get Report), EDENOR (EDN - Get Report), Empresa Nacional de Electricidad (Endesa Chile) (EOC - Get Report) have a 25%-47% upside, based on analysts' consensus estimates of 12-month price targets.These five utility stocks from South America have an average market capitalization of $10 billion. The selected stocks have stable cash flows and are less volatile, compared to stocks in other sectors. Earnings for these stocks are expected to average around 10%-12% in 2011.
5 South America Utility Stocks With Upside
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