Roger Conrad is among the advisory industry's leading expert on utilities. Here's a look at the latest featured growth stock in his The Utiliity Forecaster -- Entergy Corp. (NYSE: ETR).
"Two years ago, Entergy Corp's regulated utility business was literally in ruins. The core New Orleans subsidiary as well as units in Mississippi, Louisiana and Texas, faced billions in repair costs, and thousands of customers lost their homes.
"However, Entergy stayed on its feet for one reason: a portfolio of well-run nuclear power plants-the nation's second largest-that ran at 90 percent-plus capacity while wholesale electricity prices surged.
"With utility operations recovered, third quarter earnings surged 27.8% and are set for another 20% next year. Management shared some of that bounty by hiking dividends 38.9% in 2007. This year, shareholders will get more cash as well as a 50% interest in the company's five unregulated nuclear plants.

"Our favorite conservative pick for 2008 is natural gas transmission, storage, and distribution company
Given investors anxiousness about the economy and hearing more gloom and doom than I think is warranted, I thought I would get back to basics with "my pal" Warren, and add to the series I started several months ago. I decided to write the series after receiving encouragement from friends and associates that read 








