With volatility persisting in the stock market, investors may be thinking of rotating into lower-risk utility stocks. In fact, with all that has been going on this year, utilities have been one of the few corners of the stock market that has shown resilience.
For the uninitiated, the industry includes companies that provide us with electricity, gas, and water. These stocks are often sought after by investors for their resilience, low volatility, and ability to pay steady and growing dividends over time. Therefore, when the stock market is volatile, the relative calm of utility stocks can provide safety for investors.
Are These Utility Stocks The Best Stocks To Buy Right Now?
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