Whether you are looking to reduce market risk or just want to fill the value allocation in your portfolio, these great funds should top your list. More
- Poll of the Day
Utility stocks include electric, gas, water and other provider companies. Utility equities often come as bonds since those companies have significant debts from the infrastructure needed. Therefore, Fed interest rates greatly affect the utility sector, which understandably prefers low interest rates. Utilities pay out dividends that have historically risen faster than inflation rates. So, utility stocks are often a decent choice for older or retired investors.
Stocks have become more volatile and a short-term correction is possible. More
I've made lots of shrewd buys in the utility stocks space, but I'm not holding a single one right now. Wait for valuations to fall back to earth before dipping a toe in. More