Top 5 Dividend Stocks To Watch Right Now

Top 5 Dividend Stocks To Watch Right Now: Integrys Energy Group(TEG)

Integrys Energy Group, Inc., through its subsidiaries, operates as a regulated electric and natural gas utility company in the United States and Canada. It provides natural gas utility services in Chicago, Wisconsin, Michigan, and Minnesota. As of December 31, 2009, the company served approximately 1,669,000 residential, commercial and industrial, transportation, and other customers. It had approximately 22,000 miles of natural gas distribution mains; and approximately 1,010 miles of natural gas transmission mains. The company also generates and distributes electric energy form coal, natural gas, fuel oil, hydroelectric, and wind resources in Wisconsin and Michigan. It served approximately 489,000 residential, commercial and industrial, wholesale, and other customers. In addition, Integrys Energy offers nonregulated energy supply and services; and electric transmission services. The company was formerly known as WPS Resources Corporation and changed its name to Integrys En ergy Group, Inc. in February 2007. Integrys Energy Group, Inc. was founded in 1883 and is based in Chicago, Illinois.

Advisors' Opinion:

• [By David Dittman]

  Participation was still robust, thanks to a highly engaged group of readers.
  
  Utility stocks set the pace for the broader market over the first six months of 2014, as fears of rising interest rates abated and companies produced solid first-quarter financial and operating numbers.
  
  Second-quarter reporting season will get underway later in July, with most management teams posting results in early August.
  
  Theres also been significant mergers-and-acquisitions rumor and activity, notably surrounding the telecom space. And Wisconsin Energy Corp (NYSE: WEC) last week announced a deal to buy UF Portfolio Holding Integrys Energy Group Inc (NYSE: TEG) for $9.1 billion in cash, stock and assumed debt.
  
  Canadian stocks are back to their winning way! s thus far in 2014, with the S&P/TSX Composite Index posting a 12.5 percent total return in US dollar terms from Dec. 31, 2013, through June 30, 2014. The S&P 500 Index is up 7.1 percent, the MSCI Wor ld Index 6.6 percent.
  
  The loonie, meanwhile, was strong in June, bouncing back to near USD0.94 and having an essentially neutral impact for US-based investors returns for the first six months of the year.
  
  The Australia dollar pushed out to an eight-month high earlier this week, as Chinese PMI data showed some stabilization in the economy for that key trading partner. Although iron ore prices remain depressed, several LNG projects coming on line in coming months should give a boost to Australian exports.
  
  Aussie strength has had a clear positive impact for US-based investors who are long Australian stocks. The S&P/ASX 200 Index trailed the S&P 500 and the MSCI World Index with a 3 percent return in local terms. Accounting for the impact of a stronger aussie on US investors holdings, the S&P/ASX was up 8.8 percent from Dec. 31, 2013, through June 30, 2014.
  
  Here are highlights in the form of a slightly edited transcript from the July 2 June AE/

• [By Garrett Cook]

  Integrys Energy Group (NYSE: TEG) shares shot up 12.12 percent to $68.34 after Wisconsin Energy (NYSE: WEC) announced its plans to acquire Integrys Energy Group in a deal valued at $9.1 billion.

• [By Jonas Elmerraji]

  Last up is Integrys Energy Group (TEG), the sole downside name we're looking at this week. Even though December is historically a great month to own stocks, that doesn't mean that it's universally a great month to own all stocks. And TEG looks "toppy" at this point.

  Integrys is currently forming a head and shoulders top, a bearish setup that indicates exhaustion among buyers. The pattern is formed by two swing highs that hit their head around the same level (the shoulders), separated by a higher high (the head). The sell signal c! omes on a! move through the neckline, which is currently sloping through $52. TEG is actually a "nested" pattern, which means that the right shoulder is a complete head and shoudlers pattern itself on a shorter-timeframe. Since the downside has already triggered on the right shoulder, we should expect a test of the longer-term neckline soon.

  Lest you think that the head and shoulders is too well known to be worth trading, the research suggests otherwise: a recent academic study conducted by the Federal Reserve Board of New York found that the results of 10,000 computer-simulated head-and-shoulders trades resulted in "profits [that] would have been both statistically and economically significant."

  That's good reason to keep this stock in your crosshairs in the days ahead; a break below the neckline is a short signal.

  To see this week's trades in action, check out the Technical Setups for the Week portfolio on Stockpickr.

  -- Written by Jonas Elmerraji in Baltimore.

• [By Justin Loiseau]

  "Clean coal" to the rescue?
  Not all utilities are bidding adieu to coal just yet. Integrys' (NYSE: TEG  ) Wisconsin Public Service subsidiary is applying for a rate increase to cover "clean coal" conversion costs. The utility hopes to add a coal dust collection system to one of its coal plants. The 824 MW facility upgrade comes with a $17 million price tag, but the move would put Integrys on a straighter path to environmental compliance. If the company's recent $220 million approval is any evidence, this latest request might just make it past Wisconsin regulators.

source from Top Penny Stocks For 2015:http://www.topstocksforum.com/top-5-dividend-stocks-to-watch-right-now.html