Ummm...Utilities?!?
If there’s been one sector that’s been a consistent powerhouse ever since the depths of the financial crisis, it is the one probably considered the most humdrum and boring by the public: utilities. I mean, how many people can get excited by an electric company versus, say, GoPro? But one glance at the chart below proves the case – utilities are up about 170%, throwing off dividends the entire time, and now have exceeded even their long-term ascending channel.
This blog is not, and have never been, investment advice. It is a place that allows me to express my own views on the market and specific securities – as well as make whatever cultural ...
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