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Company: Pepco Holdings (POM)
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  Higher P/E than peers

After an 8% increase in 2010 and with significantly higher P/E to peers, there may be minimal near term price appreciation. The sale of Connetiv Energy to CalPine will improve overall financial stability and the proceeds may have been used to to reduce debt/improve the balance sheet. Nothing in the reports discusses a significant source of growth in the near term, POM is likely is going to trade around 18.00 to 19.00 for awhile.

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