3 Wind Energy Stocks to Buy Ahead of Earnings Results. These are: DTE, FE, NEP.
DTE Energy (DTE) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Investors looking for stocks in the Utility - Electric Power sector might want to consider either DTE Energy (DTE) or NextEra Energy (NEE). But which of these two stocks is more attractive to value investors?
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Utility companies—those that provide electricity, water, natural gas, and other essential services for residential and commercial customers—have had a banner year. The benchmark Utilities Select Sector SPDR Fund XLU has climbed by about 31% in the last year, with the bulk of those gains having occurred in the last six months.
Utility companies—those that provide electricity, water, natural gas, and other essential services for residential and commercial customers—have had a banner year. The benchmark Utilities Select Sector SPDR Fund NYSEARCA: XLU has climbed by about 31% in the last year, with the bulk of those gains having occurred in the last six months.
High-quality utilities can offer safe and consistently growing income to shareholders. DTE Energy's operating revenue and operating EPS surged higher in Q2. The utility enjoys investment-grade credit ratings from the major rating agencies.
DTE is a solid investment pick in the utility space, given its growth prospects, strong ROE ratio and systematic long-term capital expenditure plan.
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
Invest in utility stocks like DTE, UGI, Northwest Natural (NWN) and Veolia (VEOEY) for steady returns and reduction of risk in a recovering economy.
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.