USA Today ran a story recently highlighting 10 S&P stocks with the biggest percentage gains since the last market high. This kind of story is backward looking. "Hey, you would be ahead xx% if you bought these names a year ago." Thanks. Let's look at the charts and indicators of these top-10 picks and see what the future might bring.
TECO Energy (TE) is the seventh name on the list. (Click here for Part 6 of this series, on Activision Blizzard.)
Will TECO Energy continue to be an outperformer?
Since TE is being acquired by the Canadian Utility Emera, its outperformance days are over.