Top 4 Utilities Stocks That Could Lead To Your Biggest Gains In Q2
Portfolio Pulse from Lisa Levin
The utilities sector presents an opportunity to buy into undervalued companies with oversold stocks. Exelon Corporation (EXC), RGC Resources (RGCO), WEC Energy Group (WEC), and American Electric Power Company (AEP) are major oversold players with RSI values near or below 30.
May 18, 2023 | 12:55 pm
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American Electric Power reported Q1 operating EPS of $1.11, down from $1.22, with a 52-week low of $80.30 and an RSI value of 29.47.
Despite a decrease in Q1 operating EPS, American Electric Power's RSI value of 29.47 indicates that the stock is oversold and may present a buying opportunity. This could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Exelon Corporation posted better-than-expected Q1 results, with a 52-week low of $35.19 and an RSI value of 27.90.
Exelon Corporation's better-than-expected Q1 results and an RSI value of 27.90 indicate that the stock is oversold and may present a buying opportunity. This could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
RGC Resources posted upbeat Q2 results, with a 52-week low of $18.01 and an RSI value of 27.52.
RGC Resources' upbeat Q2 results and an RSI value of 27.52 indicate that the stock is oversold and may present a buying opportunity. This could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
WEC Energy Group posted better-than-expected Q1 results, with a 52-week low of $80.82 and an RSI value of 27.52.
WEC Energy Group's better-than-expected Q1 results and an RSI value of 27.52 indicate that the stock is oversold and may present a buying opportunity. This could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100