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0 0.000223788743426161 -0.000223788743426161 0.000223788743426161 -0.00011189437171316 -0.000895154973704804 -0.00100704934541796 -0.00302114803625373
Stock impact report

Bank of America Says These 5 Stocks Could Benefit from Rising Power Demand [Yahoo! Finance]

Pinnacle West Capital Corporation (PNW) 
Last pinnacle west capital corporation earnings: 2/21 08:40 am Check Earnings Report
US:NYSE Investor Relations: pinnaclewest.com/investors
Company Research Source: Yahoo! Finance
Analysts wrote that they like DBA Sempra, Pinnacle West Capital, TXNM Energy, Entergy, and Northwestern Energy Group. The bank explained that those firms operate in areas likely to see the greatest rise in power demand. Bank of America is predicting a big jump in electrical demand—with some power companies better-positioned to capitalize than others. The bank said the utilities it sees as benefiting the most from regional growth are DBA Sempra ( SRE ), Pinnacle West Capital ( PNW ), TXNM Energy ( TXNM ), Entergy ( ETR ), and Northwestern Energy Group ( NWE ). The analysts have buy ratings on all five stocks. BofA analysts wrote in a note to clients that after two decades of stagnant electricity demand expansion, “there is now evidence that demand growth has returned, driven by the re-shoring of industry, the development of data and crypto mining centers and the electrification of buildings, transportation, and infrastructure.” By 2035, they estimate, there will be a need fo Show less Read more
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