Parabolic SAR Signals Bullish US Stocks: $ES $HRL $WLTW

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Eversource Defeats Suit Accusing It Of Algonquin Gas Transmission Pipeline Manipulation

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Eversource Energy (NYSE:ES) is trading above its Parabolic SAR of $83.70, thus the stock looks bullish. The company and Avangrid Inc have defeated an antitrust suit which has established that the company didn't break any antitrust law by purchasing and refusing to release surplus natural gas transmission capacity. The companies had been sued by PNE Energy Supply LLC following reports that the companies could have contributed to increasing New England electricity prices by almost 20% for their role in the reduction of the Algonquin Gas Transmission pipeline capacity.

Recently Eversource honored 9 students from Newton School as the finalists of the 7th annual Eversource Student Challenge. The challenge encourages students to develop projects highlighting the importance of energy-saving strategies.

Hormel Foods To Pay College Tuition For Children Of Its Employees

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Hormel Foods Corp. (NYSE:HRL) is also looking bullish and currently trades above its Parabolic SAR of $50.19. The company recently announced a free tuition program for children of its staff. The company which has 20,000 employees across the globe said that it will pay tuition expenses for chi8ldren of its staff to attend 2-year colleges as from the 2021/22 academic year. Currently, the company is engaging community colleges in 22 cities where it runs office locations.

The Minnesota-based company has been recognized as the Best Vets for Employer for the eightieth time running. The company ranked 43rd on Military Times' Best for Vets: Employers 2020 list.

Willis Towers Watson Enlists Services of Atos To Support Digital Transformation

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Another bullish looking stock is Willis Towers Watson PLC (NASDAQ:WLTW) which is trading above its Parabolic SAR of $203.01. The company has entered a multi-year partnership with leading global digital transformation company Atos. Under terms of the agreement, Atos will support the company in its digital transformation path that includes enhancements to business experiences through the movement of on-premise infrastructure to the cloud, changing to a consumption-based model, and retiring legacy software and hardware.

The company's shareholders and those of AON Plc have approved a proposed combination of the companies. The proposed business combination is still subject to customary closing conditions and will be finalized in Q1 2021.

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