NEW YORK, Jan. 13, 2014 /PRNewswire/ -- ITC Holdings (NYSE: ITC: $96) has been picked by S&P Capital IQ as its Focus Stock of the Week. ITC carries S&P Capital IQ's highest investment recommendation of 5-STARS, or Strong Buy. ITC Holdings operates high voltage transmission systems throughout most of Michigan and Iowa and in smaller portions of Minnesota, Illinois, Missouri, Kansas and Oklahoma.
"We think ITC's fundamentals, growth projects, and ability to raise rates with increases in its rate base will attract investors to the stock and help drive its valuation relative to peers, pushing the stock to higher levels, said Christopher Muir, equity analyst at S&P Capital IQ.
To view a video of Mr. Muir discussing ITC, please click on the following link. http://bit.ly/1aN7l8V
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