The stock of DT Midstream breaks out to a new all-time high: the drivers are the LNG export boom and the rising electricity demand!

In a weak market environment, I like to look at stocks with relative strength. One such stock that caught my attention is DT Midstream, which was able to break out to a new all-time high yesterday. The company operates natural gas pipelines and storage systems, serving not only natural gas producers but also power generators and industrial companies. At the end of last year, the company acquired the Guardian Pipeline from Oneok. As mentioned at the end of October, this will allow the company to increase the capacity of this pipeline by 40%. Consequently,...