Scalper1 News
A fresh wave of selling hit growth stocks Tuesday as the Nasdaq and S&P notched their second straight distribution day. Utility stocks were the main beneficiaries as investors turned defensive. At one point Tuesday, all four groups in IBD’s utility sector were in the day’s top 10 for performance among 197 industry groups. Inside the Utility-Gas Distribution group, New Jersey Resources (NJR) has the highest Composite Rating in the group at 91. It Scalper1 News
Scalper1 News