Utility stocks are on sale; here are Morningstar’s top 3 picks

  • 📰 startelegram
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

The sector has faced hard times in the market, with the S&P 500 utilities index returning negative 20% year to date.

Utility stocks have hit the skids, with the S&P 500 utilities index returning negative 20% year to date through Thursday.

He offered his top three choices for utility stocks – “utilities that we think can grow earnings and dividends faster and for longer than their current market valuations imply.” “Above-average electricity-demand growth, clean-energy investments, and reliability/resiliency network investments are core growth drivers” for the company, he said.Morningstar moat rating: narrow. Morningstar fair value estimate: $33. Friday price quote: $24.05. Forward dividend yield: 3.69%.

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 248. in PT
 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

S&P 500 Earnings Season to Begin With Big Banks and Financials at Center StageStocks Analysis by Brian Gilmartin covering: S&P 500, iShares Core S&P 500 ETF, SPDR® S&P 500, S&P 500 Futures. Read Brian Gilmartin's latest article on Investing.com
Fonte: Investingcom - 🏆 450. / 53 Consulte Mais informação »

Stock Market Today: Dow, S&P 500 Open Lower After Jobs Report Comes in HotLive coverage of what's moving stocks and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite
Fonte: WSJ - 🏆 98. / 63 Consulte Mais informação »

Stock Market Today: Dow, S&P 500 Open Lower After Jobs Report Comes in HotLive coverage of what's moving stocks and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite
Fonte: WSJ - 🏆 98. / 63 Consulte Mais informação »

Stock Market News Today: Dow, S&P 500 Open Lower After Jobs Report Comes in HotLive coverage of what's moving stocks and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite
Fonte: WSJ - 🏆 98. / 63 Consulte Mais informação »