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XLU: How Utility Stocks Look from the Valuation Standpoint

Vincent Kruger
XLU: How Utility Stocks Look from the Valuation Standpoint

How Are Utility Stocks Placed for the Future?(Continued from Prior Part)Utility stocks look expensive Many utility stocks are trading way higher than their historical average valuation multiples. NextEra Energy (NEE) stock is trading 22x its forward