Chart of the Day - Wisconsin Energy (WEC)

The "Chart of the Day" is Wisconsin Energy (WEC), which showed up on Wednesday's Barchart "All-Time High" list. Wisconsin Energy on Wednesday posted a new all-time high of $39.70 and closed up +1.46%. TrendSpotter just turned long again on Tuesday at $39.01 after taking a profit last week on a 2-month long trade. In recent news on the stock, Wells Fargo on May 15 downgraded Wisconsin Energy to Market Perform from Outperform with an unchanged target of $38-29, but a day earlier RW Baird upgraded Wisconsin Energy to Outperform from Neutral and raised its target to $40 from $35. Wisconsin Energy Corp, with a market cap of $8.9 billion, serves electric and natural gas customers in Wisconsin and Michigan's Upper Peninsula through its primary utility subsidiaries Wisconsin Electric, Wisconsin Gas and Edison Sault Electric. Its non-utility subsidiaries include energy services and development, pump manufacturing, waste-to-energy, and real estate businesses.