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Best Relative Performance in the Electric Utilities Industry Detected in Shares of Hawaiian Elec (HE , SO , IDA , NEE , ETR )

By Amy Schwartz

We looked at the Electric Utilities industry and measured relative performance to find the top stocks. Relative outperformance is a bullish sign of underlying fundamental and technical strength. We look at yesterday's price action of all companies in this peer group.

Hawaiian Elec (NYSE:HE ) ranks first with a loss of 0.14%; Southern Co (NYSE:SO ) ranks second with a loss of 0.14%; and Idacorp Inc (NYSE:IDA ) ranks third with a loss of 0.19%.

Nextera Energy (NYSE:NEE ) follows with a loss of 0.31% and Entergy Corp (NYSE:ETR ) rounds out the top five with a loss of 0.76%.

SmarTrend recommended that subscribers consider buying shares of Entergy Corp on February 1st, 2019 as our technology indicated a new Uptrend was in progress when shares hit $88.62. Since that recommendation, shares of Entergy Corp have risen 21.7%. We continue to monitor Entergy Corp for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: relative performance hawaiian elec southern co idacorp inc nextera energy Entergy Corp

Ticker(s): HE SO IDA NEE ETR