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5 South America Utility Stocks With Upside

1. Centrais Eletricas Brasileiras (EBR - Get Report) is a Brazil-based holding company engaged in electric power generation and transmission.

The company and its subsidiaries are responsible for 37% of total generation capacity, through 29 hydroelectric plants, 15 thermoelectric plants and 2 thermonuclear plants. In the transmission segment, the company has around 60,000 kilometre (or 37,282 miles) transmission lines and 237 substations. The company is present in other South America countries, both in generation and transmission.

The stock appreciated 3% in the last one year. As per analysts' consensus estimates, the stock is expected to deliver 47% in the next one year. Data from Bloomberg has analysts giving 67% buy rating. The stock is trading at 9 times its estimated 2010 earnings.

>To see these stocks in action, visit the 5 South American Utility Stocks portfolio on Stockpickr.

This commentary comes from an independent investor or market observer as part of TheStreet guest contributor program. The views expressed are those of the author and do not necessarily represent the views of TheStreet or its management.
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CIG $4.78 0.00%
ENI $17.15 0.00%
EOC $47.23 0.00%
EDN $15.29 0.00%
EBR $2.03 0.00%


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