-Sethu Posted December 30, 2022 Share Posted December 30, 2022 Synopsis While markets are volatile, power utilities companies are making a comeback on the buy list of analysts . The companies in the list are covered by a minimum count of 3 and maximum by 21 analysts. The reason for having a minimum count of analysts for a particular sector is because higher coverage by analysts indicates higher institutional interest in individual stock. The list is based on upside estimated by the analysts, with the highest potential stock coming on the top of the list. Power sector stocks normally don't attract much attention. What gets ignored is the fact that their income streams are very stable. They don't normally witness any sharp spike in profit but also don't witness any sharp decline. Will their bottomline see another phase where they move up and stabilize? There is good enough reason to tilt in the favour of “yes”. After facing many headwinds, the power sector has started to see some respite. Some Source Link to comment Share on other sites More sharing options...
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