Welcome back for another Top Down Trade of the Week.
This is a classic leadership scan.
We start with the best sectors, then drill into the subgroups. We pick one, and then take a look at the top stocks in it.
Today’s standout is Utilities, which has catapulted itself into 2nd place in our sector rankings.
Most recently Utilities have been leading the charge with demand for power and the story around AI data centers continuing to drive buyer interest.
Here’s a look at our overall industry rankings, which show Multi-Utilities as one of the biggest climbers for the week — up 22 spots to crack the top 10.
The sector is well represented within the Industry ranks table, with multiple groups appearing in the top 20.
This further confirms broadening participation across the space — and reinforces why this is an area that warrants close attention going forward.
Here are the Top 10 names in the Multi-Utilities subsector, ranked by relative strength.