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This Analyst Sees 33% Returns For A Stock Benefitting From A Crumbling US Electric Grid
Saturday, December 10, 2022 - 5:46pm | 449Gianni Di Poce sees an upside of roughly 33% for Quanta Services (NYSE: PWR), as it is on the front-lines of modernizing the outdated and decaying U.S. electrical grid. The average age of installed large power transformers (LPTs) in the U.S. is approximately 38 to 40 years, with 70% of LPTs being...