03 Dec, 23

Why Utilities Might Be the Best Buying Opportunity Right Now

UncategorizedNo Comments

With the overall market enjoying a bit of a rally as inflation eases and the Federal Reserve indicating a less hawkish stance, the New Year could be a prime time to jump back into utilities.  Utility stocks have had a bad year, but investors are starting to ease back into the embattled sector.  Back in August, utilities were the absolute worst-performing sector in the S&P 500, while Information Technology (IT) stole the show:  In September, we saw NextEra tank horrendously to three-year lows. What happened to spook investors…

Leave a Reply

Your email address will not be published. Required fields are marked *

This field is required.

This field is required.