The utility industry appears poorly insulated from the Covid-19 shutdowns and lockdowns, and shares of AEP could weaken more, according to the charts.
While no stocks are completely immune from Covid-19 selling, utilities are still considered a safe haven relative to most market sectors.
These soda and water companies should prove in demand, no matter what.
Let's check the charts of AEP to see if money managers still consider utilities a safe haven.
Let's check out the charts of EMR to see if there might be more risk ahead.
Let's check and see if the charts can generate some energy.
These 8 value selections have a particular focus on renewables.
Talking heads finally see what's going on under the hood; the indicators barely budge; and the utilities are now knocking on the door of my target.
Those words relate well to the kind of market we're in now.
Tutor Perini is at a bargain price now, but it's not for the buy-and-hold types.