CPFL Energia S.A. (CPL)

We recently looked at Utilities SPDR (XLU) and a few of its holdings. This stock was pointed out on Twitter, a Brazilian Utility company. Also it was mentioned by Tim Seymour emerging markets expert who frequents CNBC Fast Money.

Watch the relative momentum chart closely. RMI indicator green shows outperformance vs. SPX.

For more information on how we evaluate stocks, check out Seven Steps to Better Stock Trading, Part 1 and the video in Part 2.