"I'm adding Itron (NSDQ: ITRI) to my diversified portfolio of stocks in the alternative energy space," says Elliott Gue.
In The Energy Strategist he explains, "The firm will benefit from both the HR 2454 bill (a cap-and-trade system designed to reduce U.S. greenhouse gas emissions) and the stimulus bill which included direct subsidies aimed at promoting efficiency and building a more intelligent electric grid.
"Itron is a leading play on energy efficiency and smart grid technologies, a key, near-term component of cutting carbon emissions.
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