Utility stocks rarely thrill, but they're typically a source of generous income and more even-keeled returns. Consider these 11 picks.
While perhaps not as thrilling as the tech startups that make next-generation consumer electronics or fancy cloud computing tools, utility stocks still play a very important role in any well-rounded investment portfolio.
After all, the most dynamic technologies aren't worth
anything if there isn't electricity to power them. In 2020, power is nearly as
crucial as food and shelter to consumers – and in a digital economy, it's even
more important for businesses.
That adds up to a strong baseline of reliable revenue,
regardless of the ups and downs of the unemployment rate or consumer spending.
And as a result, many low-risk investors find themselves drawn to utility
stocks for the stability as well as the dividends typically paid out by this
sector.
If you're interested in utilities for any of these reasons,
here are 11 utility stocks that are grabbing the attention of Wall Street
analysts recently.
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