Markets were flat today, yet Exelon Corp, Avangrid, Inc., Ameren Corp showed impressive gains and made this list of top gainers.
Markets did not have a clear cut direction — Dow Jones was down 0.14% before closing the session at 34,052. Nasdaq closed 12,200 after a stable day.
Current market events are being influenced by ambiguous macro data as United States ISM Manufacturing PMI (Apr) came out at 47.1, while a consensus of analysts was expecting 46.8.
Despite today's flat session, several utilities stocks are managing to post notable gains. Take a look at the market's Top Gainers:
Exelon | Closed +1.74% at $43.18
Exelon ended Friday at $42.44. today it went up to $43.4 only to drop back, yet still managed to close at $43.18.
The company trades at $43.18 ahead of quarterly performance report which is scheduled to be released Wednesday.
+0.74%: Ameren ended today at $89.63, a 0.74% increase
The US energy company closed Friday at $88.97. today, it gained 0.74% and remained around $89.63. Ameren's market cap is currently $23.53 billion with an average daily volume of 1.15 million shares. So far this year, it has been under-performing the S&P 500 by 7.74%.
Ameren is trading in a $88.57 – $90.55 range prior to its earnings announcement.
Avangrid | Closed +0.84% at $40.6
A month ago, the energy services and delivery company fell to a low of $37.53 but has since recovered 7.27%. So far this year, it has been doing worse than the Nasdaq by 21.73%. Avangrid has a market cap of $15.70 billion with an average daily volume of 611,286 shares.
Avangrid reported inconclusive earnings results Wednesday, with revenue at $2.47 billion, compared to a consensus of $1.83 billion. Since the release of its earnings report, Avangrid lost 1.26%.