Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil Hydroworld Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries Are Utilities Still the No. 1 Safety Play? By: Contrarian Outlook September 10, 2022 at 05:00 AM EDT Utility stocks—the “OGs of dividend payers”—have sailed through 2022. We’ll highlight seven of them, yielding 4% or more, in a moment. By the way, this sector-at-large has returned 4%, including dividends, year-to-date (YTD). While that may not make us rich, it is the best record on the scoreboard this side of energy: Why utilities? As always, these stocks pay and they don’t drop as much in price as the broader market. A useful quality in a dumpster-fire market. Utilities are expensive, however, They currently trade at nearly 21 times forward earnings—near their highest forward P/E in decades and well above the S&P 500 forward P/E of 17.7.… Read more Read More >> Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
Are Utilities Still the No. 1 Safety Play? By: Contrarian Outlook September 10, 2022 at 05:00 AM EDT Utility stocks—the “OGs of dividend payers”—have sailed through 2022. We’ll highlight seven of them, yielding 4% or more, in a moment. By the way, this sector-at-large has returned 4%, including dividends, year-to-date (YTD). While that may not make us rich, it is the best record on the scoreboard this side of energy: Why utilities? As always, these stocks pay and they don’t drop as much in price as the broader market. A useful quality in a dumpster-fire market. Utilities are expensive, however, They currently trade at nearly 21 times forward earnings—near their highest forward P/E in decades and well above the S&P 500 forward P/E of 17.7.… Read more Read More >>