Utility Stocks Can’t Compete in a World Awash With Yield

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The utilities sector has slumped 12% in 2023 and is by far the worst-performing group in the S&P 500.

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Investors often turn to utilities for their tendency to hold up in a challenging economy, but not nowIvan Pierre Aguirre//El Paso Times/USA TODAY NETWORK/ReutersUtility stocks have fallen out of vogue. In fact, the last time they lagged this far behind the market, the dot-com bubble was about to burst.Continue reading your article with

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