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Top 3 Utilities Stocks That May Rocket Higher This Quarter
CDZICadiz (CDZI) Benzinga·2025-04-02 11:26

Core Insights - The utilities sector is experiencing significant overselling, presenting potential investment opportunities in undervalued companies [1][2] Company Summaries - Sunnova Energy International Inc (NOVA): The company appointed Robyn Liska as interim CFO, who is expected to drive financial transformation. The stock has decreased approximately 44% over the past month, with a 52-week low of 0.25.TheRSIvalueis26.3,andsharesclosedat0.25. The RSI value is 26.3, and shares closed at 0.33 after a drop of 11.3% [7] - Cadiz Inc (CDZI): Announced a 20millionregistereddirectoffering,selling5,715,000sharesat20 million registered direct offering, selling 5,715,000 shares at 3.50 each, with proceeds aimed at the Mojave Groundwater Bank project. The stock has fallen around 28% in the last month, reaching a 52-week low of 2.12.TheRSIvalueis29,andsharesclosedat2.12. The RSI value is 29, and shares closed at 2.95 after a slight gain of 0.7% [7] - Spruce Power Holding Corp (SPRU): Reported a quarterly loss of 0.29pershare,animprovementfromalossof0.29 per share, an improvement from a loss of 1.60 per share a year ago. The stock has decreased about 20% over the past five days, with a 52-week low of 2.08.TheRSIvalueis25.4,andsharesclosedat2.08. The RSI value is 25.4, and shares closed at 2.12 after a decline of 12% [7]