EXC

Market Reaction to Tariffs: President Trump's newly announced tariffs have caused significant market selloffs, creating uncertainty among investors.

Investment Strategy Shift: Analyst Barry Bannister from Stifel suggests that investors should focus on "defensive value" stocks rather than "cyclical growth" stocks in light of the tariff impacts.

Exelon Upgrade: Exelon (EXC) has received a Zacks Rank #2 (Buy) upgrade, indicating positive earnings outlook and potential for stock price increase due to rising earnings estimates.

Zacks Rating System: The Zacks rating system effectively tracks earnings estimate revisions, correlating them with near-term stock movements, and positions Exelon in the top 20% of stocks based on these revisions, suggesting strong investment potential.

NASDAQ 100 After Hours Performance: The NASDAQ 100 is down by 25.8 points to 19,410.62 with a total after-hours trading volume of 108,649,079 shares.

Most Active Stocks: Notable active stocks include Altria Group (+0.06), NVIDIA Corporation (-0.21), and Amazon.com, Inc. (+0.2), among others, with varying share prices and trading volumes.

Market Performance: The S&P 500 and Dow Jones closed up, while the Nasdaq 100 fell to a 6-1/2 month low amid concerns over US tariffs impacting the global economy. Defensive stocks and a rise in crude oil prices provided some market support despite overall mixed performance.

Economic Indicators: Positive economic news from the US and China, including unexpected rises in manufacturing PMIs, helped bolster market sentiment, although fears of recession due to tariffs continue to weigh on investor confidence.

Market Performance: The S&P 500 and Nasdaq 100 are experiencing significant declines, reaching 6-1/2 month lows due to concerns over US tariffs impacting the global economy, while the Dow Jones remains relatively stable.

Economic Indicators: Despite the market downturn, the US MNI Chicago PMI rose unexpectedly to a 16-month high, providing some support for stocks, alongside positive manufacturing data from China, although fears of recession persist due to ongoing tariff implementations.

Market Overview: The S&P 500 is up slightly while the Dow Jones has increased, but the Nasdaq is down. Global stock markets are mixed due to concerns over US tariffs impacting economic growth, with safe-haven assets like gold and government debt seeing increased demand.

Stock Movements: Major tech stocks are experiencing declines, particularly Tesla and Nvidia, while defensive utility and food producer stocks are gaining. Additionally, Moderna's shares have dropped significantly following regulatory news, and Mr Cooper Group's stock rose after an acquisition announcement.

Applovin's Performance: Applovin is the worst performing Nasdaq 100 component, down 9.7% for the day and 24.0% year to date.

Other Notable Movements: Palantir Technologies is also down 7.3%, while O'Reilly Automotive has increased by 2.5% on the same day.

Market Overview: Major US stock indexes, including the S&P 500 and Nasdaq 100, are experiencing significant declines due to concerns over impending US tariffs on global trade, with the S&P 500 and Nasdaq hitting 6-1/2 month lows. Safe-haven assets like government debt and gold are seeing increased demand as a result.

Stock Movements: Many major stocks, particularly in the tech sector, are falling sharply, with notable drops from companies like Tesla and Nvidia. Conversely, defensive utility and food stocks are gaining traction amidst the market downturn, while airline stocks are struggling due to weakening travel demand.

Appointment of Joseph Nigro: Eos Energy Enterprises has appointed Joseph Nigro, former CFO of Exelon Corporation and CEO of Constellation Energy, to its Board of Directors, effective March 26, 2025, bringing extensive experience in the energy sector to support Eos's mission for sustainable energy storage.

Eos Energy's Innovations: Eos Energy is focused on advancing American-made energy independence through its innovative zinc-based long-duration energy storage systems, which aim to provide reliable alternatives to conventional lithium-ion technology.

ComEd STEM Labs Event: ComEd hosted a STEM Labs event in Chicago on March 22, connecting 50 high school students with over 25 female professionals in STEM fields to inspire and mentor them towards careers in science, technology, engineering, and math.

Addressing Gender Gap in STEM: The initiative aims to close the gender gap in STEM professions, where only 28% of workers are women, by providing mentorship and networking opportunities for young women, thereby fostering their interest and belonging in these fields.

BofA's Stock Screening Strategy: Bank of America recommends investing in stocks that have historically performed well during market downturns, focusing on those with low crowding risk and minimal earnings volatility. They identified 36 high-quality stocks that have outperformed in at least 80% of significant market pullbacks since the 1980s.

Highlighted Stocks: Among the 36 stocks recommended by BofA are well-known companies such as Verizon, Costco, Johnson & Johnson, and Procter & Gamble, which are characterized by strong S&P quality ratings and underweight positions by active fund managers.

Company Overview: Exelon Corporation, a leading utility services holding company with a market cap of $44.4 billion, specializes in energy distribution and transmission, serving a diverse customer base and showing significant stock performance over the past year.

Stock Performance and Analyst Outlook: Despite a slight decline from its 52-week high, EXC shares have surged significantly in recent months, outperforming sector benchmarks, and analysts maintain a "Moderate Buy" rating with a price target suggesting potential upside.

Company Overview: Public Service Enterprise Group (PEG) is a large-cap utilities company based in Newark, New Jersey, with a market cap of $40.6 billion, focusing on electric, gas, and nuclear generation, and has experienced significant stock fluctuations over the past year.

Recent Performance: PEG's stock declined 1.3% following its Q4 results, which showed a 5.4% decrease in operating revenues due to milder weather and lower energy prices, although it still surpassed expectations; analysts maintain a "Moderate Buy" rating with a price target suggesting a potential upside.

Market Overview: The S&P 500 index has entered correction territory due to concerns over the trade war and economic slowdown, prompting investors to seek refuge in defensive sectors like Healthcare, Utilities, and Consumer Staples, which have shown positive performance year-to-date.

Top Defensive Stocks: Seeking Alpha has identified the top 10 highest-rated U.S. stocks within these defensive sectors, with Gilead Sciences leading at a +20.6% YTD return, while other notable mentions include Philip Morris and Intra-Cellular Therapies, reflecting strong market caps and positive growth amidst current market volatility.

Market Performance: Major U.S. stock indexes, including the S&P 500, Dow Jones, and Nasdaq, fell to six-month lows due to escalating trade tensions and President Trump's tariff threats, despite positive labor market data showing a decline in jobless claims.

Stock Movements: Notable declines were seen in tech stocks like Meta and Apple, while defensive utility stocks rose; Intel gained significantly after announcing a new CEO, and mining stocks benefited from rising gold prices.

Market Performance: Major US stock indexes, including the S&P 500, Dow Jones, and Nasdaq, fell to six-month lows due to escalating trade tensions and President Trump's tariff threats, despite positive labor market data showing a decline in jobless claims.

Stock Movements: The overall market was pressured by declines in major tech stocks, with notable losses from Meta Platforms and Adobe, while defensive utility stocks rose. Additionally, mining stocks gained as gold prices reached record highs.

Market Performance: The S&P 500 closed down 1.39%, now 10.18% off its February high, while the Nasdaq 100 and Russell 2000 also saw significant declines. Utilities are the only sector in positive territory this week, with top performers like Consolidated Edison and Exelon.

Commodity and Company Updates: Gold prices reached $3,000, up 12% over three months, and the VanEck Gold Miners ETF rose 3%. Ulta Beauty's quarterly report exceeded expectations but provided weaker full-year guidance, resulting in a 7% after-hours stock increase despite being significantly below its 52-week high.

PPI Report Insights: The February Producer Price Index (PPI) report indicates steady inflation with a 0.6% increase in January and a decrease in core inflation by 0.1%, marking the first decline since July 2024. Year-over-year PPI inflation is at 3.2%, down from 3.7% in January, but still above the Federal Reserve's 2% target.

Market Implications: Slowing inflation may lead to interest rate cuts, with Barclays predicting two cuts this year. Investors are cautious due to ongoing trade wars, favoring U.S. stocks less affected by tariffs, particularly utility stocks like NRG Energy and Exelon, which show potential for growth.

PPI Report Insights: The February Producer Price Index (PPI) report indicates steady inflation with a 0.6% increase in January and a decrease of 0.1% in core inflation, marking the first decline since July 2024. Year-over-year PPI inflation stands at 3.2%, down from 3.7% in January.

Impact on Economy and Stocks: Slowing inflation may lead to interest rate cuts by the Federal Reserve, with Barclays predicting two cuts this year. As interest rates potentially drop, investors might become more aggressive, particularly favoring utility stocks amidst ongoing trade war concerns.

Appointment of David DeWalt: Exelon has appointed David DeWalt, a cybersecurity expert and CEO of NightDragon, to its Board of Directors effective March 10, 2025, to enhance the company's security measures in an evolving technology landscape.

Exelon's Commitment to Technology: Exelon, the largest utility company in the U.S., emphasizes its dual role as both an infrastructure and technology company, aiming to build an intelligent grid for delivering energy to over 10.7 million customers while ensuring operational safety and data security.