TipRanks' analyst ranking service ranks the top Wall Street firms of the past decade.
Rows of cabinets containing lithium ion batteries supplied by Fluence, a Siemens and AES Company, are seen inside the AES Alamitos Battery Energy Storage System, which provides stored renewable energy to supply electricity during peak demand periods, in Long Beach, California on September 16, 2022.A transition toward renewable energy sources has helped propel growth in the utilities sector over the past decade, but investors need a keen eye to spot the best opportunities in the field.
TipRanks recognized the 10 best analysts in the utilities sector who delivered significant returns and edged past their peers through their recommendations.tool to identify the analysts with high success rates. Then, it analyzed each recommendation by analysts in the utilities sector over the past 10 years. TipRanks' algorithms calculated the statistical significance of each rating, the average return and the analysts' overall success rate.
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