Detroit has faced unprecedented economic hardship in recent decades, but the city’s recovery could provide some major openings for opportunistic investors.

In a new report, Macquarie Research analyst Andrew Weisel discussed one way that investors can play the Detroit bounce-back: DTE Energy Co.

Catalyst

DTE has a highly-anticipated analyst day coming on September 28, and Weisel believes that the likelihood of post-event upward analyst estimate revisions is high. In particular, he believes that attendees will be pleased with the company’s capex outlook and sees further upside to the company’s earnings projections on Utica strength.

What To Expect

So far this year, DTE has seen…

Click here to continue reading

Want to learn more about how to profit off the stock market? Or maybe you just want to be able to look sophisticated in front of your coworkers when they ask you what you are reading on your Kindle, and you’d prefer to tell them “Oh, I’m just reading a book about stock market analysis,” rather than the usual “Oh, I’m just looking at pics of my ex-girlfriend on Facebook.” For these reasons and more, check out my book, Beating Wall Street with Common Sense. I don’t have a degree in finance; I have a degree in neuroscience. You don’t have to predict what stocks will do if you can predict what traders will do and be one step ahead of them. I made a 400% return in the stock market over five years using only basic principles of psychology and common sense. Beating Wall Street with Common Sense is now available on Amazon, and tradingcommonsense.com is always available on your local internet!