Pivot point: can utility stocks break the 52-week high?

As we reported earlier, utility stocks have been one of the market leaders in the fall of 2011. Now, a critical test is coming in the days ahead. Should the Fidelity Select Utilities Portfolio fund (FSUTX, change: 1.60%) move above its 52-week high, we wouldn't be surprised to see a follow up bullish rally in the sector.

As we reported earlier, utility stocks have been one of the market leaders in the fall of 2011. Now, a critical test is coming in the days ahead. Should the Fidelity Select Utilities Portfolio fund (FSUTX, change: 1.60%) move above its 52-week high, we wouldn't be surprised to see a follow up bullish rally in the sector.

Mutual fund screens and buy/sell signals are provided by FidelitySignal.com   
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