See which stocks are the top gainers amid today's bullish sentiment

Published: May 26 2023, 18:07 GMT+0

See which stocks are the top gainers amid today's bullish sentiment

Most markets are higher this morning as risk-on sentiment dominates: UGI Corporation, Brookfield Infrastructure Partners L.P., Brookfield Renewable Partners L.P. are showing impressive gains as we move into the afternoon trading session.

Markets are up as Nasdaq up to 12,949, gaining 1.98%. S&P 500 up 1.11%, trading at 4,197.23.

Today's rise takes place amid mixed market indicators — Core Durable Goods Orders in United States fell short of market expectations (0%) with a reading of -0.2%, continuing the decline from the previous figure of 0.3%.

Here are the biggest utilities stocks gainers so far today.

Brookfield Infrastructure | +1.69% in mid-session

Over the past 11 months, the infrastructure assets manager has retreated 43.91% from a noteworthy peak of $63.33. So far this year, it has been under-performing the Nasdaq by 3.11%. The infrastructure assets manager's market cap currently stands at $16.57 billion with an average daily volume of 297,602 shares. Brookfield Infrastructure is forecasted to generate revenues of $2.28 billion and EPS of 18 cents.

After three days of going down, Brookfield Renewable is up 0.99% today

Today's positive session could indicate a brief correction amid a broader downtrend, or, the start of a potential reversal. After ending yesterday at $30.45, Brookfield Renewable is currently trading at $30.75. Brookfield Renewable's market cap is currently $13.76 billion with an average daily trading volume of 186,857 shares. So far this year, it has performed better than the Nasdaq by 0.91%.

UGI Corporation | +2.31% in mid-session

The natural gas and electric power distribution company is now trading 26.94% below its 3-month high of $44.54. So far this year, it has been doing worse than the Nasdaq by 44.12%. The company's market cap currently stands at $5.90 billion with an average daily volume of 2 million shares. UGI Corporation's last revenue report was $3.11 billion with an EPS of $1.68.

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