Utility Stocks Are Coming Back. 4 to Buy Out of the Wreckage.

It took a while, but utility stocks are finally starting to pop. They still look appealing even after a recent gain.

What has changed lately is that bond yields have come down. The yield on 10-year Treasury debt was at 4.59% on Tuesday afternoon, compared with nearly 5% in late October, adding to the appeal of dividend stocks. First, the 10-year Treasury yield could keep falling. At about 4.6%, the 10-year note is still yielding more than 2 percentage points above the expected average annual rate of inflation for the next 10 years. That additional yield, near the high end of the range since the 2008-2009 financial crisis, still looks appealing, which should bring in more buyers.Not only are the stocks relatively inexpensive, earnings are growing, so investors have a reason to hold them for the long term.

That would lift earnings per share by almost 10% annually from the end of this year through 2027, FactSet data indicate.

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Would You Give The Utility Company Control Of Your EV?Cofounder and CEO of Bidgely, evolving energy analytics for utilities with the power of data and artificial intelligence. Read Abhay Gupta's full executive profile here.
Fuente: ForbesTech - 🏆 318. / 59 Leer más »

Disney, Uber, Occidental, MGM Resorts, and More Stocks to Watch This WeekThird-quarter earnings from Devon Energy, D.R. Horton, eBay, Occidental Petroleum, Uber, Kellanova, MGM Resorts, Walt Disney, and Warner Bros. Discovery, and...
Fuente: MarketWatch - 🏆 3. / 97 Leer más »

European stocks start the week slightly higherEuropean markets opened slightly higher Monday as positive momentum carried over from last week.
Fuente: NBCPhiladelphia - 🏆 569. / 51 Leer más »