Cia Energetica de Minas Gerais has the Best Relative Performance in the Electric Utilities Industry (CIG, ELP, PNM, CPL, UNS)
Below are the top five companies in the Electric Utilities industry as measured by relative performance. This analysis was compiled based on yesterday's trading activity as we search for stocks that have the potential to outperform.
Cia Energetica de Minas Gerais (NYSE:CIG) ranks first with a gain of 6.76%; Cia Paranaense de Energia (NYSE:ELP) ranks second with a gain of 4.85%; and PNM Resources (NYSE:PNM) ranks third with a gain of 4.54%.
CPFL Energia (NYSE:CPL) follows with a gain of 4.19% and Unisource Energy (NYSE:UNS) rounds out the top five with a gain of 3.89%.
SmarTrend currently has shares of PNM Resources in an Uptrend and issued the Uptrend alert on August 17, 2011 at $14.99. The stock has risen 27.4% since the Uptrend alert was issued.