2 Stocks To Own For 5 Years: Duke Energy Corporation (DUK), NiSource Inc. (NI)

The last few days have been good for Duke Energy Corporation (NYSE:DUK), as its price has grew by 2.55% during the week. It has also performed better over the past three months, as it added around 7.62% while it has so far climbed around 2.13% during the course of a year. The price of the stock went down by -$0.22 now trading at $89.83. Their shares witnessed a 24.83% increase from the 52-week low price of $71.96 they recorded on 2018-06-11. Even though it is still -0.97% behind the $90.7 high touched on 2018-12-04. The stock of DUK recorded 6.8% uptrend from the beginning of this year till date. The 12-month potential price target for Duke Energy Corporation is set at $85.71. This target means that the stock has an upside potential to increase by -4.59% from the current trading price.

When giving their opinion, around 38.89% of Wall Street analysts, which represents 7 out of 18 rated the stock as a Buy. 10 brokerage firms of the remaining 55.56% rated the stock as a Hold with 1 analyst rating it as a sell. Overall, the number of aggregate DUK shares held by institutional investors represents 61.3% of total shares. 66 institutions entered new Duke Energy Corporation (NYSE:DUK) positions, 556 added to their existing positions in these shares, 623 lowered their positions, and 79 exited their positions entirely.

Duke Energy Corporation (DUK) trade volume has increased by 15.78% as around 4,747,194 shares were sold when compared with its 50-day average volume of traded shares which is 4,100,070. At the moment, DUK is witnessing a uptrend, as it is trading 3.37% above its 20-day SMA, 7.47% above its 50-day SMA, and 12.69% above its 200-day SMA. The company runs an ROE of roughly 6.9%, with financial analysts predicting that their earnings per share growth will be around 4.41% per annum for the next five year. This will be compared to the 8.7% increase witnessed over the past five years.

The first technical resistance point for Duke Energy Corporation (NYSE:DUK) will likely come at $90.86, marking a 1.13% premium to the current level. The second resistance point is at $91.89, about 2.24% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $87.33, the lower end of the range. DUK’s 14-day MACD is 1.96 and this positive figure indicates an upward trading trend. The company’s 14-day RSI (relative strength index) score is 69.47, which shows that its stock has been overbought. The 20-day historical volatility for the stock stands at 12.87 percent, which is low when compared to that of the 50-day’s 17.51 percent.

The shares of NiSource Inc. (NYSE:NI) has decreased by -1.03%, and now trading at $26.81 on the Wall Street in the intra-day deal, with their shares traded now around 3,732,513. This is a rise of 193,633 shares over the average 3,538,880 shares that were traded daily over the last three months. The stock that is trading at $26.81 went higher by 19.47% from its 52-week low of $22.44 that it attained back on 2018-02-08. The stock recorded a 52-week high of $28.11 nearly 85 days ago on 2018-09-13.

NI stock has performed well over the past 30 days, as it added 3.39% while its price climbed by 4.44% year-to-date (YTD). Looking at the last few days, it has been good for the stock, as it rose 4.08% over the last week. The stock’s 12-month potential target price is now at $27.08. This means that the stock price might likely increase by 1.01% from its current trading price.6 out of 14 Wall Street analysts which represents 42.86% rated the stock as a buy while the remaining 57.14 rated it as a hold, with 0 of analysts rating it as a sell.

NiSource Inc. (NYSE:NI) has been utilizing an ROE that is roughly -2.1%, with stock analysts predicting that the company’s EPS for the next five years will go up by 5.92% per year, following the -22.2% drop that was witnessed during the past five years. The stock at the moment is on a uptrend, trading 3.12% above its 20-day SMA, 5.11% above its 50-day SMA, and 6.37% above its 200-day SMA. In percentage terms, the aggregate NiSource Inc. shares held by institutional investors is 94.8%. 62 institutions jumped in to acquire NiSource Inc. (NI) fresh stake, 240 added to their current holdings in these shares, 187 lowered their positions, and 55 left no stake in the company.

The stock’s 9-day MACD is 0.67 and this positive figure indicates an upward trading trend. The company’s 9-day RSI score is 65.37, which shows that its stock has been neutral. The 20-day historical volatility for the shares stand at 15.66 percent, which is less when compared to that of the 50-day’s 18.08 percent. On the daily chart, we see that the stock could reach the first level of resistance at $27.19, sporting a 1.4% premium to the current level. The next resistance point is at $27.57, representing nearly 2.76% premium to the current market price of NiSource Inc. (NI). On the other hand, failure to breach the immediate hurdles can drag it down to $26.04, the lower end of the range.