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How Top Utility Stocks Are Placed at the Beginning of 2019

Vincent Kruger
How Top Utility Stocks Are Placed at the Beginning of 2019

Utility stocks outperformed broader markets in 2018 even though the Fed delivered the highest number of rate hikes since it started in 2015. Investors turned to defensives amid the market rout due to trade war concerns. Utilities’ (XLU) slow stock price movements and higher dividend paying capabilities played out well during market uncertainties.