|Bid||151.67 x 1000|
|Ask||152.78 x 1200|
|Day's Range||152.26 - 154.41|
|52 Week Range||128.78 - 154.69|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||0.28|
|Expense Ratio (net)||0.43%|
All the major indexes are up on the anticipation that the Fed will decrease interest rates sooner than later with weak employment numbers being the catalyst.
Analyzing Utilities’ Charts, Valuation, Price Targets, and More(Continued from Prior Part)Total returns Utility stocks, generally seen as bond substitutes due to their stable dividends, have rallied significantly. Amid broader market uncertainty
Why Did Utilities Fall for the Second Consecutive Week?(Continued from Prior Part)Utilities versus Treasury yields The benchmark ten-year Treasury yields closed at 2.5% last week. Treasury yields and utility stocks usually trade inversely to each
Utilities: How These Defensives Fared in March's Last Week(Continued from Prior Part)Moving averagesUtility stocks seemed to have slowed a bit recently after peaking at all-time highs. The Utilities Select Sector ETF (XLU) briefly crossed ~$59.0
Have Utility Stocks Started to Look Exhausted?(Continued from Prior Part)Utilities: Not a boring sectorUtilities, popularly called “widow-and-orphan” stocks, have been strong over the past 12 months. Many utility stocks are trading at multiyear
The utilities sector remains scorching hot. The Utilities Select Sector SPDR (NYSEArca: XLU), the largest utilities ETF by assets, traded higher again Tuesday, extending its year-to-date gain to nearly ...
Stocks tumbled on Friday, but the utilities sector stood tall. Utilities, traditionally a safe-haven sector, lived up to that reputation on Friday when the Utilities Select Sector SPDR (NYSEArca: XLU), ...
The Utilities Select Sector SPDR (XLU) , the largest utilities ETF by assets, and rival utilities ETFs are soaring this year. With expectations in place that the Federal Reserve may not hike interest rates this year, some defensive, rate-sensitive sectors are delivering impressive performances. The utilities sector was suppose to be a throw away investment as many anticipated a strong economy with a full labor market to push up interest rates, which traditionally weighed on the bond-like utilities stocks.
The market is still highly sensitive to any news on China trade, but the focus on Wednesday will shift to the Fed. The Federal Open Market Committee will issue its interest rate decision and policy statement at 2 p.m. ET. The market is expecting confirmation of the dovish view that the Fed has embraced since the market low in December. Chairman Powell is expected to reiterate that the Fed will stay patient and not take any further action as it parses incoming economic data.
Utilities: Leaders and Laggards Last Week(Continued from Prior Part)Total returns In the last five years, utilities on average returned 70% and beat the S&P 500 marginally. With their slow but stable earnings and dividend growth, utilities
Utilities: Leaders and Laggards Last Week(Continued from Prior Part)Chart indicators Currently, the Utilities Select Sector SPDR ETF (XLU) is trading at $58.2 after hitting an all-time high of $58.7 last week. The premium of 5% and 8% from its
AEP, EXC, and Other Utilities: Analysts’ Views and Price TargetsUtilities at an all-time highAlmost all utility stocks are trading close to their respective peaks right now. Many are offering dull upside potentials for the near future largely due
These Three Utilities Have Delivered Maximum Long-Term Returns(Continued from Prior Part)ValuationAll the stocks under consideration in this series are currently trading at their respective multiyear highs.In this series, we’re analyzing the top
These Three Utilities Have Delivered Maximum Long-Term Returns(Continued from Prior Part)Market performance NextEra Energy (NEE), NiSource (NI), and CMS Energy (CMS) have beaten their peers as well as the broader markets in terms of total returns in
How Utilities Performed Last Week(Continued from Prior Part)Total returns Utilities notably outperformed broader markets over the past 12 months. In this period, the Utilities Select Sector SDPR ETF (XLU), the representative of top utility stocks in
How Utilities Performed Last Week(Continued from Prior Part)Moving averages The Utilities Select Sector SPDR ETF (XLU) is currently trading at $57.55, almost 6% above its 50-day and 7% above its 200-day moving average levels. The fair premium to both
How's FirstEnergy Stock Placed Compared to Its Peers?(Continued from Prior Part)ValuationFirstEnergy (FE) stock was one of the top performers among utilities last year. In the last 12 months, the stock has risen ~25% and beat broader
Utilities Recap: The Big Gains and Losses Last Week(Continued from Prior Part)Valuation FirstEnergy (FE) stock looks to be trading at an attractive valuation, considering its lower valuation multiple against its historical average and peers’
Utilities Recap: The Big Gains and Losses Last Week(Continued from Prior Part)Moving averagesThe Utilities Select Sector SPDR ETF (XLU) is currently trading at $57.13, more than 5% and 7% above its 50-day and 200-day moving averages, respectively.
Utilities: How Defensives Fared Last Week(Continued from Prior Part)ValuationIn this part, we’ll discuss some mid-sized utilities’ valuations, which differentiate them from their peers. PPL (PPL) is trading at a forward PE ratio of 13x based on
Utilities: How Defensives Fared Last Week(Continued from Prior Part)Utilities versus interest rates The ten-year Treasury yield trended higher and closed at 2.65% last week. Utility stocks and Treasury yields usually trade inversely. The benchmark