Hot High Tech Companies To Watch In Right Now

Hot High Tech Companies To Watch In Right Now: NV Energy Inc(NVE)

NV Energy, Inc., through its subsidiaries, generates, transmits, and distributes electric energy in Nevada. The company generates electricity from its gas, oil, and coal generating units. As of December 31, 2010, the company served approximately 830,000 electric customers primarily in Las Vegas, north Las Vegas, and Henderson and adjoining areas, including Nellis Air Force Base and the Department of Energy?s Nevada Test Site in Nye County. It also provides electricity in western, central, and northeastern Nevada comprising the cities of Reno, Sparks, Carson City, and Elko. In addition, the company distributes gas to approximately 151,000 customers in an area of approximately 800 square miles in Nevada?s Reno/Sparks area. It offers its services to residential and commercial customers, as well as to industries, including gaming/recreation, mining, warehousing/manufacturing, and other governmental entities. The company, formerly known as Sierra Pacific Resources, was founde d in 1906 and is headquartered in Las Vegas, Nevada.

Advisors' Opinion:

• [By Chuck Saletta]

  A similar story can be told for fellow iPIG pick NV Energy (NYSE: NVE  ) , and its 12% dividend hike shortly after making the cut as a selection. In spite of the regulatory risks facing the company and its electricity-generating business -- including the recent decision to shutter its coal-fired capacity for environmental reasons -- it also had an established pattern of increasing dividends. Again, there was a certain amount of luck involved in picking up that hike -- but it was luck based on an established track record.

• [By Matt Koppenheffer]

  MidAmerican Energy, the utility holding company under the Berkshire umbrella, is snapping up Las Vegas'NV Energy (NYSE: NVE  ) . Once you throw in NV Energy's debt, the deal weighs in at a cool $10 billion.

• [By Rich Duprey] Berkshire Hathaway (NYSE: BRK-B  ) utility MidAmerican Energy provides electricity and natural gas services to consumers across the middle of the U.S. and along the West Coast. Yet one state it has not served up until now has been Nevada, and it plugged that hole with the announcement yesterday that it is purchasing NV Energy (NYSE: NVE  ) , a holding company whose subsidiaries do business asNevada Power Company and Sierra Pacific Power Company.

source from Top Penny Stocks For 2015:http://www.topstocksforum.com/hot-high-tech-companies-to-watch-in-right-now-5.html