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. The RSI value is 26.3, and shares closed at $0.33 after a drop of 11.3% [7] - Cadiz Inc (CDZI): Announced a $20 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. 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 $0.29 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. The RSI value is 25.4, and shares closed at $2.12 after a decline of 12% [7]
Top 3 Utilities Stocks That May Rocket Higher This Quarter