Pre-Market Analysis on CenterPoint Energy, Exelon, Public Service Enterprise, Ameren, and Just Energy
LONDON, March 20, 2013 /PRNewswire/ --
The utilities industry faced significant challenges in 2012 due to increasing pressure to meet environmental regulations and to upgrade their existing infrastructure. Utilities such as CenterPoint Energy Inc. (NYSE: CNP), Exelon Corporation (NYSE: EXC), Public Service Enterprise Group Inc. (NYSE: PEG), Ameren Corp. (NYSE: AEE), and Just Energy Group Inc. (NYSE: JE) are expected to see an increase in costs as they upgrade their infrastructure. Meanwhile, it will be interesting to see whether utilities continue their shift from coal to natural gas for power generation. Utilities ended mostly higher on Tuesday even as the broad market struggled amid concerns over Cyprus's bailout agreement. StockCall has posted free technical research on CNP, EXC, PEG, AEE, and JE which can be downloaded upon sign up at
http://www.stockcall.com/signup
CenterPoint Energy Inc.'s shares slipped in Tuesday's trading session, ending the day 0.61% lower at $22.97 on volume of 3.22 million. Despite yesterday's drop, CenterPoint's shares have gained more than 5% in the last three sessions. The company currently has a dividend yield of 3.61%. Year-to-date, the stock has gained more than 19%, outperforming the S&P 500. Technical indicators for CenterPoint Energy are currently giving strong bullish signals. Sign up and read the complimentary report on CNP at
http://www.StockCall.com/CNP032013.pdf
Exelon Corporation's shares edged higher on Tuesday; however, the gains were modest. The stock closed 0.21% higher at $33.47 on volume of 7.04 million after touching an intra-day high of $33.75. Exelon's shares have now gained more than 3% in the last three sessions. The stock has outperformed the S&P 500 in 2013, gaining more than 12.50%. The company's shares have seen a series of highs over the last two weeks, which is a bullish signal. The positive trend is further confirmed by recent volume activity and the stock's MACD chart. The free report on ECX can be downloaded by signing up now at
http://www.StockCall.com/EXC032013.pdf
Shares of Public Service Enterprise Group Inc. finished marginally higher in yesterday's session, closing 0.09% higher at $33.15 on volume of 2.48 million. The diversified utilities company's shares have gained more than 8.30% this year, compared to a gain of over 8.50% for the S&P 500. The stock has seen a series of highs over the last one month. However, the MACD chart suggests that market sentiment has turned bearish on the stock. Free report on PEG can be accessed by registering at
http://www.StockCall.com/PEG032013.pdf
Ameren Corp. was another gainer in the utilities sector on Tuesday, ending 0.44% higher at $34.30 on volume of 1.87 million. Ameren's shares are currently trading close to their 52-week high of $35.30. The company's shares have been gaining momentum since the start of this year. Year-to-date, the stock has gained more than 11.60%. The stock's MACD is currently trading above the signal line and the zero-line, which is a bullish signal. The stock is also trading well above its 50-day and 200-day moving averages, further confirming the upbeat trend. Register with StockCall and download the research on AEE for free at
http://www.StockCall.com/AEE032013.pdf
Just Energy Group Inc.'s shares rose sharply in yesterday's trading session, ending the day 2.65% higher at $6.96 on above average volume of 876,060. Despite the gains, the stock has fallen more than 1.20% in the last three sessions. Year-to-date, the stock has fallen more than 27% even as the broad market has rallied. Just Energy Group's shares have been rebounding after finding support at around $6.75. Read the full free research on JE by signing up to StockCall at
http://www.StockCall.com/JE032013.pdf
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