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To receive further updates on this Duke Energy Corporation (NYSE:DUK) trade as well as an alert when it’s time to take profits, sign up for a risk-free trial of Strategic Trader today. This morning, we’re recommending a bullish trade on Duke Energy Corporation (NYSE:DUK). DUK and the broader utility sector are looking more attractive to investors as we see volatility in the market increase. Investors Turn to UtilitiesInvestors certainly seemed spooked last week, and although sentiment improved on Monday, yesterday’s market leaders were biased towards more conservative investments. A migration into safer sectors (such as utilities) is a common phenomenon when traders are nervous about growth prospects. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Daily Chart of Duke Energy Corporation (DUK) — Chart Source: TradingView DUK is also a dividend payer, and the Fed’s dovish turn at the start of 2019 is another reason we think the stock will perform well. Because DUK’s momentum is aligned with trader sentiment, we want to keep our exposure to this position active. We recommend selling naked put writes on DUK. To find out what DUK puts we’re selling — and to get access to our full portfolio of income-generating trades — . InvestorPlace advisers John Jagerson and S. Wade Hansen, both Chartered Market Technician (CMT) designees, are co-founders of LearningMarkets.com, as well as the co-editors of Strategic Trader. Follow our Facebook page to receive each Trade of the Day direct to your News Feed — and join the conversation. Compare Brokers The post Utilities Have Bullish Momentum and DUK is Following the Sector appeared first on InvestorPlace. |
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Duke Energy
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CODE : DUK |
ISIN : US26441C2044 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Duke Energy is a and oil producing company based in United states of america. Duke Energy is listed in United States of America. Its market capitalisation is US$ 69.4 billions as of today (€ 64.8 billions). Its stock quote reached its lowest recent point on May 02, 2003 at US$ 10.00, and its highest recent level on February 17, 2023 at US$ 99.99. Duke Energy has 700 299 523 shares outstanding. |