NiSource Inc. is an energy holding company. The Company's subsidiaries provide natural gas, electricity and other products and services to customers located within a corridor that runs from the Gulf Coast through the Midwest to New England.

Analysts have revised upward the net margin for 2012 at 7.5% compared to 5% in 2011. In add they have raised also the earnings per share estimates for this year and the next one. Even if the enterprise seems overvalued with a price earnings ratio of 17x, this is in line with average sector.

Graphically the share has suffered in the short term. The bearish trend has pushed the stock on the USD 24 support level. The company is in over sold situation. The share can take benefit from this level and could recovery strengthen. In weekly data the bullish trend is clear and 50 period moving average should stop the downward movement. We suggest long position in order to aim a return at USD 25.7 and then USD 28. Stop loss will be placed at USD 23.6