AES (AES CP INC)
"When things get miserable, you need to stick with the strongest stuff! I'm talking about minerals and materials, infrastructure, carbons of all varieties, and aerospace!
I gave you what I think is the best steel mill in Brazil for your materials play. Now I've got one that I think is the most interesting infrastructure play on earth.
And what would that be? The stock that I want you to take a look at is AES Corporation (AES)!
They're becoming a worldwide power merchant.
So, we've got a co. that's providing power to essentially all of BRIC - the countries that are driving this intense global economic growth. That should make AES a pretty valuable stock, right? It should, but it hasn't.
In fact, AES is cheap - it's cheap because it's been left for dead. That's right, they took it out and shot it a couple of years ago. It got burned by that Enron power merchant nonsense. They tried to get heavily into energy trading and it turned out that energy trading - not a real business!
But they've turned themselves into a really excellent utility, that has its hand in all the growth markets."...page 2
"When things get miserable, you need to stick with the strongest stuff! I'm talking about minerals and materials, infrastructure, carbons of all varieties, and aerospace!
I gave you what I think is the best steel mill in Brazil for your materials play. Now I've got one that I think is the most interesting infrastructure play on earth.
And what would that be? The stock that I want you to take a look at is AES Corporation (AES)!
They're becoming a worldwide power merchant.
So, we've got a co. that's providing power to essentially all of BRIC - the countries that are driving this intense global economic growth. That should make AES a pretty valuable stock, right? It should, but it hasn't.
In fact, AES is cheap - it's cheap because it's been left for dead. That's right, they took it out and shot it a couple of years ago. It got burned by that Enron power merchant nonsense. They tried to get heavily into energy trading and it turned out that energy trading - not a real business!
But they've turned themselves into a really excellent utility, that has its hand in all the growth markets."...page 2
