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As a result, utility companies are coming into the spotlight. Morningstar’s US Utilities Index rose 28.19% in 2023-2024, and electricity demand over the next decade is anticipated to outstrip ...
We have narrowed our search to five utility stocks with solid potential for the rest of 2022. These are: MGEE, VST, GWRS, UTL and CWCO. Top 5 Utility Stocks to Stay Safe Amid Wall Street's Free Fall
With a market cap of roughly $4.1 billion, it is a pretty small player in the utility sector. It serves about 1.3 million electric and natural gas customers in parts of Arkansas, Colorado, Iowa ...
The stock's yield is also a very attractive 4.2% today, which is much higher than the 1.2% yield of the S&P 500 index or the average utility's 2.6%, using Utilities Select Sector SPDR ETF (NYSEMKT ...
The utility sector tends to be sensitive to interest rates because utilities generally make heavy use of leverage. With Wall Street expecting rates to fall, utility stocks have started to rise.
As the market selloff continues, utility stocks, which hold up well in recessions, are offering higher yields Continue reading...
In this article we presented the 12 best utility stocks to buy now. You can skip our detailed analysis of the utilities industry and go directly to 5 Best Utilities Stocks to Buy Now. Utility ...
The utility sector has dramatically underperformed the S&P 500 index over the past year, trailing the broader market by over 15 percentage points. Higher interest rates are a big part of the story ...
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