Utilities are “the most underappreciated sector” in the market, according to T. Rowe Price.
While utilities have long been viewed as a safe investment for coupon-clippers, low-cost renewable energy like solar and wind power are quietly transforming the sector, resulting in strong earnings growth and making for an attractive long-term investment, according to global asset manager T. Rowe Price.
Utilities stocks have been seen as defensive safe havens, rather than growth oriented: With decades of little to no earnings growth, returns mostly came from dividends, the yield of which is highly correlated to interest rates on Treasuries and corporate bonds.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Why Every Celebrity Is Getting ‘Invisible Layers’ Right NowThe cut gives you instant cheekbones.
Read more »
Why Pete Buttigieg got a pass in the debateThe mayor took a few small hits, but for the most part, rivals want to see if his rise in Iowa is for real before trying to drag him down.
Read more »
Trump impeachment hearings Day 3: Vindman testifies why Ukraine call alarmed himRep. Adam Schiff says Republicans' 'objection is that (Trump) got caught. Their objection is that someone blew the whistle.' 'Their defense is well, he ended up releasing the aid. Yes, after he got caught. That doesn't make this any less odious'
Read more »
Why You Should Consider A Cross Country Ski Vacation This WinterCross country skiing vacations can take you to some amazing winter destinations.
Read more »
Why A$AP Rocky became an unlikely figure in the Trump impeachment hearingA$AP Rocky was mentioned repeatedly at U.S. Ambassador to the European Union Gordon Sondland's impeachment hearing on Wednesday.
Read more »
What Argan Oil Is, And Why Your Skin Needs It Now 2019 / 2020 » Fashion AllureArgan oil is a compound that comes from the nuts of the argan tree. It’s got essential nutrients for your body, such as oleic and linoleic acid. These compounds are essentially healthy fats—some of the same are found in olive oil. Oleic acid specifically is well known for what it can do for your heart.
Read more »