|Day Low/High||57.63 / 58.97|
|52 Wk Low/High||45.99 / 62.35|
Even without Biden's green energy plan, the shift to alternatives is inevitable. These names should be beneficiaries of both renewable and infrastructure trends.
Now may in fact be the time to consider more defensive areas such as utilities.
Check out the names that are showing technical characteristics of bullish or bearish reversal patterns over the last week.
My Peter Lynch-based strategy turns up two Midwest utilities.
ITC Holdings is stepping up its operation of transmission lines, which come with a regulatory benefit.
Gas and utility companies offer many investment opportunities over the next decade.
Investors are putting on their rally caps in hopes of reversing Tuesday's widespread selloff.