Utilities are a good defensive play and this one runs a very seasonal business. It generates the vast majority of its earnings in the 3rd quarter (summer) because of the increased demand for electricity. It is an electricity holding company and operates in a number of states in the US. The average gain from about July 29 through to the end of the year is about 12%, and works 76% of the time. It is currently outperforming the market.
Xcel Energy Inc is a American stock, trading under the symbol XEL-Q on the NASDAQ (XEL). It is usually referred to as NASDAQ:XEL or XEL-Q
In the last year, there was no coverage of Xcel Energy Inc published on Stockchase.
Xcel Energy Inc was recommended as a Top Pick by on . Read the latest stock experts ratings for Xcel Energy Inc.
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In the last year 0 stock analysts on Stockchase covered Xcel Energy Inc. The stock is worth watching.
On 2024-10-04, Xcel Energy Inc (XEL-Q) stock closed at a price of $63.73.
(Top Pick Aug 14/15, Down 0.56%) During the third quarter they generate the bulk of their revenues from air conditioners. It is a low volatility way to play the market. You rotate to cyclical when the volatility ends, which is about now.