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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 PG&E Corporation Report
A textbook ascending triangle setup in PG&E triggers a buy with a move through $68.

American Electric Power Co. Inc. (AEP) - Get American Electric Power Company, Inc. Report
AEP's becomes a buy above the $68 level.

WEC Energy Group Inc. (WEC) - Get WEC Energy Group Inc (WEC) Report
WEC is still a "buy the dips stock" this spring.

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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.