Why Investors Love Utilities' Stocks? - ITC Holdings, Alliant Energy, Portland General Electric, and Abengoa Yield

Jun 01, 2016, 08:05 ET from Chelmsford Park SA

NEW YORK, June 1, 2016 /PRNewswire/ --

Today's four picks on ActiveWallSt.com are in the Electric Utilities segment: ITC Holdings Corp. (NYSE: ITC), Alliant Energy Corp. (NYSE: LNT), Portland General Electric Co. (NYSE: POR), and Abengoa Yield PLC (NASDAQ: ABY). Sign up now for the free technical alerts by clicking below:


Michigan headquartered ITC Holdings Corp., through its subsidiaries, engages in the electric transmission operations in the U.S. The stock finished Tuesday's session at $44.52, which was a slight correction of 0.09%. A total volume of 1.27 million shares was traded. The Company's shares have advanced 1.45% in the past month, 7.94% over the previous three months, and 14.43% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 2.66% and 17.92%, respectively. Furthermore, shares of ITC Holdings have a Relative Strength Index (RSI) of 58.82. Sign up and get the alert on ITC at:


On Tuesday, shares in Wisconsin headquartered utility holding Company, Alliant Energy Corp., ended the session at $37.05, up 0.57%. The stock recorded a trading volume of 3.09 million shares, which was above its three months average volume of 1.22 million shares. The Company's shares have gained 5.08% in the last one month, 9.99% over the previous three months, and 20.80% since the start of this year. The stock is trading 2.80% above its 50-day moving average and 16.73% above its 200-day moving average. Moreover, shares of Alliant Energy have an RSI of 59.75. The complimentary alert on LNT can be activated at:


Oregon-based integrated electric utility Company, Portland General Electric Co.'s stock ended yesterday's session 1.01% higher at $41.18. A total volume of 693,255 shares was traded, which was above their three months average volume of 591,040 shares. The Company's shares have advanced 3.68% in the past month, 10.07% in the previous three months, and 14.09% on an YTD basis. The stock is trading 3.40% above its 50-day moving average and 10.37% above its 200-day moving average. Additionally, shares of Portland General Electric have an RSI of 57.62. Register for free on ActiveWallSt.com and access the latest strategies on POR at:


At the close on Tuesday, shares in Abengoa Yield PLC recorded a trading volume of 524,671 shares, which was above their three months average volume of 504,970 shares. The Company owns a portfolio of contracted renewable energy, power generation, electric transmission, and water assets in North America, South America, and EMEA. The stock finished 0.84% higher at $17.98. The Company's shares have advanced 13.15% in the previous three months. The stock is trading above its 50-day and 200-day moving averages by 2.71% and 1.12%, respectively. Furthermore, shares of Abengoa Yield have an RSI of 58.49. The complete trade setup on ABY is available for free at:



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