Why Are Electric Utility Stocks Down. Travis miller , andrew bischof, cfa. It's not a great day for real estate and utilities stocks.
Major utility stocks nearly bottomed out in march. Utilities have been mostly flat since their 2021 rally fizzled.
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While the sector—along with other defensive sectors—was not in favor with investors over the past year, that could change if 2024 sees a.
They’re Priced Attractively, And The Companies Are Making Money.
Meanwhile, hawaiian electric’s share price plunged 65% since maui’s catastrophic wildfire, due to potential litigation stemming from its equipment’s role in the.
For 2024 And Beyond, The Outlook For The Utilities Sector Is Strong.
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As i noted in the 2014 dow award paper, “the utilities sector has many unique characteristics relative to other sectors of.
Flat Performance Was A Big Relative Win In 2022 When The U.s.
Despite gains in the past month, the sector.
This Has To Be Concerning To Investors That Bought These Stocks As Strong Defensive Plays.