Top 2 Utilities Stocks You May Want To Dump In August

Group 1 - The utilities sector is showing signs of potential overbought conditions, particularly for two stocks, PG&E Corp and Atmos Energy Corp, which may concern momentum-focused investors [1][2] - The Relative Strength Index (RSI) is a key momentum indicator, with values above 70 indicating overbought conditions [2] Group 2 - PG&E Corp reported disappointing quarterly earnings on July 31, despite a 16% stock increase over the past month, with an RSI value of 73 and current trading price of $15.48 [7] - Atmos Energy Corp exceeded Q3 financial expectations and raised its FY25 EPS guidance, with a stock increase of around 6% over the past five days, an RSI value of 70.8, and current trading price of $165.64 [7]