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Is CMS Energy (CMS) Ready to Breakout?

Zacks Equity Research

Are you a technical investor? If so, it may be time to consider CMS Energy Corporation (CMS) for your portfolio. The company just saw its 50 Day Moving Average breakout above its 200 Day Simple moving average, a trend that could indicate some bullishness in the future for CMS.

This trend may have already begun, as shares of CMS have moved by higher by 5.8% in just the past month. Plus, CMS has earned itself a Zacks Rank #2 (Buy), so there is plenty of reason to believe that the run for CMS Energy has plenty of life left.

CMS ENERGY CORP (CMS): Free Stock Analysis Report

Zacks Investment Research