Industry & Services >> Analyst Interviews >> July 19, 2012

Regulated Utilities Benefit from Lower Power-Generation Cost

Timothy Winter, CFA, has more than 17 years of experience as an Equity Research Analyst covering the utility industry at GAMCO Investors, Inc. He covered the water and electric utility industries at A.G. Edwards & Sons, Inc., from 1992 to 2007. He has received industry recognition as a three-time The Wall Street Journal All-Star Analyst and as a senior member of the Institutional Investor number one ranked electric utility team at A.G. Edwards for the years 2001 to 2005. In 2007, Mr. Winter cofounded SM Research, an institutional research platform specializing in the utility sector. Until recently, he was with Jesup & Lamont Inc., where he served as a Utility Equity Analyst. Mr. Winter earned a B.A. from Rollins College and an MBA from the University of Notre Dame. Profile
TWST: You cover several segments within the utility industry. Which one are you most bullish about at the moment and why?

Mr. Winter: We break the utility universe into electric,