Utility stocks have been bashed and thought to be something of the past. A few mislead investors were even starting to call out life support for what has traditionally been a strong and solid portfolio purchase.
According to this story from Investorplace.com, happy times are here again.
Being a large part of the business we serve, these facts and figures are not news to us. Utilities are America’s life blood and even with a hiccup every now and then, they haven’t lost any definition or financial tone.
While we can’t predict the market, we can forecast that our friends will stay robust and be a stout choice for years to come. What is your view of utility stocks? Do you have any in your portfolio? What can utilities do to keep being a sound investment?