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

  • 📰 WSJ
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

United States News News

United States United States Latest News,United States United States Headlines

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

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.

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

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Japanese stocks climb for sixth day as Hong Kong stocks gainStocks in the Asia-Pacific region mostly grew Monday, Sept. 4, Japanese shares climbing for the sixth day. The Hang Seng Index of Hong Kong companies added...
Source: MarketWatch - 🏆 3. / 97 Read more »

Japanese stocks climb for seventh day as Hong Kong stocks dropAsia-Pacific stocks mostly decreased Tuesday, Sept. 5, Japanese shares climbing for the seventh day. Hong Kong's Hang Seng Index fell 2.1% to 18,456.91,...
Source: MarketWatch - 🏆 3. / 97 Read more »

Top Wall Street analysts pick these 5 stocks for compelling returns, including NvidiaTipRanks’ analyst ranking service pinpoints Wall Street’s best-performing stocks, including Nvidia and Palo Alto.
Source: NBCDFW - 🏆 288. / 63 Read more »

Morgan Stanley reveals the 'next big thing' in smartphone tech and picks global stocks to buyThe bank also shared its views on Apple launching a product including this smartphone technology.
Source: CNBC - 🏆 12. / 72 Read more »