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Stocks Q / Quanta Services, Inc.
|Subject: Quanta's Profitable Storm Surge||Date: 11/4/2005 2:40 PM|
|Author: TMFTwitty||Number: 102 of 108|
Quanta's Profitable Storm Surge
By Stephen D. Simpson, CFA
November 4, 2005
What hurricanes destroy, companies like Quanta Services (NYSE: PWR) help rebuild. Quanta and similar stocks garnered increased investor interest in the wake of Katrina and Rita, as the market expected downed power lines to mean uplifted profits from this utility infrastructure company. Quanta did see a storm-fueled boost, but it could gain even bigger benefits by helping electrical utilities upgrade their transmission equipment....
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