Core Insights - Two stocks in the utilities sector are showing signs of being overbought, which may concern momentum-focused investors [1] Company Summaries UGI Corp (NYSE:UGI) - UGI International has agreed to sell its LPG businesses in Eastern Europe (Czech Republic, Hungary, Poland, and Slovakia) to DCC for approximately €48 million, completing its portfolio optimization program [4] - The divestiture allows UGI to focus on segments with stronger competitive positions and growth opportunities, aiming for sustainable value creation [4] - The stock has gained around 6% over the past five days, reaching a 52-week high of $39.92 [4] - RSI Value is reported at 76.7, indicating overbought conditions [2][4] - Recent price action shows shares gained 2.4%, closing at $39.79 [4] Kenon Holdings Ltd (NYSE:KEN) - Kenon reported quarterly earnings of 45 cents per share, a decrease from 81 cents per share in the same period last year [4] - The stock has gained around 11% over the past five days, with a 52-week high of $74.57 [4] - RSI Value is reported at 72.3, also indicating overbought conditions [2][4] - Recent price action shows shares rose 1.5%, closing at $74.21 [4]
Top 2 Utilities Stocks That May Keep You Up At Night In Q1