These Four High-Yielders Are Breaking Out
Forget the rate hike narrative you've heard -- utility stocks have been one of the strongest sectors in 2017, and these 4 stocks are ready to rally from here.
PG&E Corp.
(PCG) - Get Report
A textbook ascending triangle setup in PG&E triggers a buy with a move through $68.
American Electric Power Co. Inc. (AEP) - Get Report
AEP's becomes a buy above the $68 level.
WEC Energy Group Inc. (WEC) - Get Report
WEC is still a "buy the dips stock" this spring.
SCANA Corp. (SCG)
An inverse head and shoulders pattern in the short-term could send SCANA higher with a material push through the $66.75 level this week.
Read Full Article:Wall Street Got the Utility Sector Wrong - Now These Four High-Yielders Are Breaking Out
This article was written by a staff member of TheStreet.
