Top 2 Utilities Stocks That Could Lead To Your Biggest Gains This Month

Core Insights - The utilities sector is currently experiencing a trend of oversold stocks, presenting potential investment opportunities in undervalued companies [1] Group 1: Oversold Stocks - AXIA Energia SA (NYSE:AXIA) has an RSI value of 28.9, indicating it is oversold, with a stock price decline of approximately 20% over the past five days and a 52-week low of $8.78 [5] - Renew Energy Global PLC (NASDAQ:RNW) has an RSI value of 27.3, also indicating it is oversold, with a stock price drop of around 28% over the past month and a 52-week low of $5.04 [5] Group 2: Stock Performance - AXIA shares rose 0.2% to close at $9.07 on Wednesday, with an Edge Stock Rating of 91.92 for momentum and 93.51 for value [5] - Renew Energy Global shares gained 1.5% to close at $5.50 on Wednesday, with an Edge Stock Rating of 9.61 for momentum and 95.80 for value [5] Group 3: Strategic Developments - Renew Energy Global signed a long-term agreement with Google for a new 150 megawatt solar project in Rajasthan, India, highlighting the company's role in supporting India's clean energy transition and global sustainability commitments [5]