10 Low Beta Utility Stocks That Are Technically Oversold

 | Nov 23, 2012 02:19AM ET

Recent Performance of the Stocks Mentioned Below:

Average 1-Week Return: -1.44%
Average 1-Month Return: -12.71%
Average 1-Year Return: -6.05%

1. Ameren Corporation (AEE). Operates as a public utility company in Missouri and Illinois, the United States. Beta at 0.59. RSI(14) at 20.15.

2. American Electric Power Co., Inc. (AEP). Engages in the generation, transmission, and distribution of electric power to retail customers. Beta at 0.5. RSI(14) at 29.53.

3. Atlantic Power Corporation (AT). Atlantic Power Corporation owns interest in various power projects and a transmission line in the United States. Beta at 0.77. RSI(14) at 27.96.

4. Consolidated Edison Inc. (ED). Provides electric, gas, and steam utility services in the United States. Beta at 0.25. RSI(14) at 25.35.

5. Companhia Paranaense de Energia (ELP). Engages in the generation, transmission, distribution, and sale of electricity for industrial, residential, commercial, and rural customers primarily in the State of Parana, Brazil. Beta at 0.93. RSI(14) at 27.6.

6. Entergy Corporation (ETR). Operates as an integrated energy company in the United States. Beta at 0.53. RSI(14) at 22.56.

7. Exelon Corporation (EXC). Operates as a utility services holding company in the United States. Beta at 0.54. RSI(14) at 15.55.

8. Great Plains Energy Incorporated (GXP). Engages in the generation, transmission, distribution, and sale of electricity in the United States. Beta at 0.72. RSI(14) at 26.21.

9. SCANA Corp. (SCG). SCANA Corporation and its subsidiaries engage in the generation, transmission, distribution, and sale of electricity to retail and wholesale customers in South Carolina. Beta at 0.53. RSI(14) at 27.65.

10. TECO Energy, Inc. (TE). TECO Energy, Inc., an electric and gas utility company, through its subsidiaries, engages in the generation, purchase, transmission, distribution, and sale of electric energy. Beta at 0.8. RSI(14) at 27.23.