Top 4 Utilities Stocks You'll Regret Missing This Quarter
Portfolio Pulse from Lisa Levin
The article lists four utilities stocks that are currently oversold, presenting a potential buying opportunity. These include Black Hills Corporation (BKH), Unitil Corporation (UTL), Middlesex Water Company (MSEX), and Atmos Energy Corporation (ATO). All four companies have recently experienced a drop in their stock prices, with their Relative Strength Index (RSI) values falling below 30.
September 28, 2023 | 12:15 pm
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NEUTRAL IMPACT
Black Hills Corporation's stock price has recently fallen, with an RSI value of 29.77. The company has priced a $450 million public debt offering.
The company's recent debt offering could potentially stabilize its financial position, but the low RSI value indicates that the stock is currently oversold.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Atmos Energy Corporation's stock price has recently fallen, with an RSI value of 25.54. The company posted downbeat third-quarter results.
The company's downbeat quarterly results could negatively impact its stock price in the short term. The low RSI value indicates that the stock is currently oversold.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Middlesex Water Company's stock price has recently fallen, with an RSI value of 26.00. The company posted downbeat quarterly results.
The company's downbeat quarterly results could negatively impact its stock price in the short term. The low RSI value indicates that the stock is currently oversold.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Unitil Corporation's stock price has recently fallen, with an RSI value of 29.25. The company posted weaker-than-expected quarterly earnings.
The company's weaker-than-expected earnings could negatively impact its stock price in the short term. The low RSI value indicates that the stock is currently oversold.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100