3 Hot Utilities Stocks to Buy Now (PCG, ITC, GAS)

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The utilities sector was the only S&P 500 sector not in the red yesterday, with the Utilities SPDR (ETF) (NYSEARCA:XLU) up some 0.4% — in small part continuing a larger trend of utilities beating the pants off the S&P 500. In the past year, the XLU has almost tripled the 13% gain of the S&P 500.

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Source: ©iStock.com/brento

But as red-hot as utilities have been, some appear to have even more room to run. In my latest research, I’ve found three utilities stocks that really jumped out at me.

My Turner Analytics system, which uses sophisticated software and tools to screen over 6,000 stocks and exchange-traded funds based on fundamental and technical research, has flagged all three of these utilities stocks as “strong buys” right now.

Turner Analytics is unlike any other trade-timing tool out there, marrying both fundamental and technical analysis to zero in on big winners. My fundamental components include an analysis of a company’s financials and operations that will drive up the demand for shares, while my technical ratings tell you exactly when to buy and when to sell.

Just today, for example, my market-timing trade-bias research is screaming that there is a big potential in the utilities sector right now. This area of the market is flashing a strong bullish rating via my Turner Analytics tool, meaning there is a tailwind for every company in this segment of the market. And on top of that, among utilities stocks, my system has identified some very strong companies right now that have even more potential than their peers.

Take a look at the charts on these big-time potential winners!

Utilities Stocks to Buy Now – PG&E Corporation (PCG)

PG&E Corporation (NYSE:PCG), through its subsidiary, Pacific Gas and Electric Company, provides electricity and natural gas to 15 million customers, primarily in northern and central California. PG&E just released further plans for its gas system to improve safety and reduce methane emissions with the help of Picarro, Inc. PCG stock has been successful in resisting the undercurrent from declining oil prices and has been on an impressive ascent in 2015 so far.

My Turner Analytics tool shows impressive year-over-year earnings growth for PCG stock as well as a strong ranking for PG&E Corporation’s fundamentals.

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Utilities Stocks to Buy Now – ITC Holdings Corp. (ITC)

ITC Holdings Corp. (NYSE:ITC) is in the business of electricity transmission in the U.S. ITC Holdings has a $6.8 billion market cap and is a growing operation despite being a slightly smaller player.

My Turner Analytics tool shows impressive quarter-over-quarter earnings growth for ITC stock as well as a strong ranking for ITC Holdings’ fundamentals.

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Utilities Stocks to Buy Now – AGL Resources Inc. (GAS)

AGL Resources Inc. (NYSE:GAS) provides natural gas to residential and commercial customers in Illinois, Georgia, Virginia, New Jersey, Florida, Tennessee and Maryland. GAS stock has been volatile recently but has been on a steady uptrend since earlier in the month.

My Turner Analytics tool shows impressive quarter-over-quarter  as well as year-over-year earnings growth for GAS stock, and AGL Resources’ technical signal earns a perfect score.

GASturnerMike Turner and his team of software engineers developed Turner Analytics, a sophisticated software market and trade-timing system that provides unbiased, quantifiable recommendations on thousands of equities and rates, ranks and scores these equities from best to worst in an easy-to-use on-line tool for individual investors. He is also the editor of Signal Investor.


Article printed from InvestorPlace Media, https://investorplace.com/2015/01/utilities-stocks-to-buy-pge-pcg-itc-holdings-itc-agl-resources-gas/.

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