Exelon Corp. shares perked up after President Barack Obama announced his new carbon crackdown this week, a sign investors think stricter emissions limits will pump up the nuclear power giant's deflated profit margins.
The bull case for Exelon assumes Mr. Obama's push to limit greenhouse gases will force large numbers of coal-burning power plants to close, cutting electricity supplies and pushing up prices. Higher prices mean higher profits for Exelon, whose nuclear plants are largely emission-free. ...More HERE
