Will the Rally in NiSource’s Stock Sustain?



NiSource’s performance so far in 2016

NiSource (NI) has risen by more than 35% so far in 2016. Peers Eversource Energy (ES) and CenterPoint Energy (CNP) have managed to rise by nearly 16% and 40%, respectively, in the same period.

Based on their attractive valuations, mid-size utilities rallied more sharply this year compared to their larger counterparts.


NiSource’s smooth ascent in the last year—with only minor glitches in between—helped it to outperform its peers as well as broader equities (SPY) by a huge margin.

Let’s have a look at NiSource’s technical indicators in the next article.

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