Buy Eversource Energy
In: Tips
21
Apr
2020
Eversource Energy (NYSE:ES) has both regulated and unregulated businesses in local markets throughout New England. It provides power, natural gas and water to residential and business customers. It also has transmission facilities throughout the region that allows other generator companies to access for fee income.
Eversource has been ramping up its clean energy production capabilities including through newer wind turbine facilities.
Eversource has a return of 4.6%. And since October 2018, it has returned 43.9% which is more than 3.1 times the return for the S&P Utilities Index and 5.8 times the return of the general S&P 500.
As always, do your own research, don’t chase gaps, use limit orders to enter positions, always use stop loss orders to protect your position, and take profits when you are in a position to do so.
Good Trading