CMS Energy Outperforms Utilities Peers in 2023

CMS Energy (CMS) is outperforming its Utilities peers this year, with a 7.7% return since the calendar year began. ONE Gas (OGS) is also outperforming, with a 10.8% return over the same period. Both stocks have a Zacks Rank of #2 (Buy) and are part of the Utilities sector, which has gained an average of 7.3% so far this year.