|Day Low/High||58.29 / 58.63|
|52 Wk Low/High||49.23 / 61.63|
The group has performed like a champ this year as investors go for yield and a safe haven amid market uncertainty.
Policymakers may pay generators to hold on to nuclear and upgrade coal.
The stock looks ready for a decline -- which would lead it straight into my buying zone.
Their fundamentals have gotten ahead of analysts' estimates.
Even at current levels the S&P 500 is trading at 16 times 2014 expectations.
Customers are demanding more reliability and consuming less power.
North American energy prices are at the mercy of the nation's infrastructure.
As growth stocks falter, PSEG looks like a solid defensive pick.
PSEG has come full circle from providing gas to electricity to car charging stations. The company is also getting into solar.