Jul. 16 at 10:57 PM
$ES Energy Play Re-rating? Smart Money Is Watching
$ES Eversource Energy is showing relative strength as the market rotates into defensive sectors. Shares closed around
$73.79, with ~
$27.8B market cap, ~16x forward P/E and ~4.3% dividend yield. The stock remains near its 52-week high range, with
$72-
$73 as key support and
$76 as the next breakout level to watch.
Long-term power demand, grid upgrades and AI data center growth keep the utility theme attractive. Related names to watch:
$NEE $SO. watch accumulation near support and volume confirmation on breakout.