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Benzinga
188 days

Top 3 Utilities Stocks That May Collapse In Q1

1. Ameren, Exelon, and Duke Energy show elevated RSI values. 2. Ameren increased its quarterly dividend to 71 cents per share. 3. Exelon reported better-than-expected earnings, showing solid financial performance. 4. Duke Energy's price target raised by BMO Capital to $124. 5. All three stocks gained significantly, indicating strong momentum.

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FAQ

Why Bullish?

The positive earnings and dividend increases boost investor confidence, similar to past trends during high dividends.

How important is it?

The developments in these utility stocks are likely to influence market sentiment and momentum, impacting the S&P 500 positively.

Why Short Term?

Current momentum may enhance short-term stock performance, as typically observed in utilities during bullish phases.

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