Utilities Select Sector SPDR® ETF
George Soros Places His New Buy in Utilities: Will You?
George Soros has made some changes to his firm’s portfolio in the first quarter. Soros Fund Management LLC bought some new securities.
Where Utility Stocks Could Go amid Valuation Concerns
Utility stocks have been rallying for the last two years amid broader market volatility. The rally in these stocks steepened last year.
Why American Water Stock Stands Tall among Its Peers
American Water Works stock returned more than 160% in the last five years, including dividends. The return is more than double utilities’ average.
More Volatility Ahead for PG&E Stock?
PG&E will exit Chapter 11 bankruptcy by the end of June. The stock might continue to be volatile in trading as this deadline nears amid uncertainties.
Comparing NextEra Energy and Dominion Energy’s Dividends
Currently, utility stocks on average offer a yield of 3%. Dominion Energy offers a dividend yield of 4.5%, while NextEra Energy offers a yield of 2.1%.
What’s in Store for Southern Company Stock in 2020?
Southern Company (SO) stock had one of the best years in 2019. It gained almost 45%. The stock outperformed utilities at large that rose 22% last year.
Analysts’ Ratings on Top Utility Stocks for 2020
Utility stocks rose more than 22% in 2019. Can they continue their climb in 2020? And how do Wall Street analysts look at them right now?
How the S&;P 500’s Sectors Could Perform in 2020
The S&P 500 Index (SPY) has gained 28% YTD. Tech stocks constituted 22.8% of SPY, the highest among the 11 major sectors.
Mounting Uncertainties Could Impact PG&E Stock
After being in bankruptcy for almost a year, PG&E stock is trading comfortably close to $11 levels. So far, PG&E stock has fallen more than 50% in 2019.
Are Utility Stocks Losing Sheen after a Steep Run in 2019?
Top utility stocks Southern Company (SO) and NextEra Energy (NEE) continued to rise and hit a new all-time high last week.
All Eyes on Newsom, PG&E and Creditors’ War Intensifies
Last week, California Governor Gavin Newsom rejected PG&E’s reorganization plan. He said that the plan lacks governance changes.
PG&E Endures Blackouts, Bankruptcy, and Volatile Stock
On Thursday, PG&E’s chairman, Bill Johnson, said that preventive power shutoffs could continue for at least five more years.
Analyzing the Dividend Profiles of Top Utility Stocks
Among the top utility stocks, NextEra Energy offers a yield of 2.1%, the lowest among its peers. Regulated utility Southern Company (SO) yields 4%.
Southern Company Stock Soars after Rate Case Approval
Recently, Southern Company (SO) shifted to its top gear. Southern Company stock rose 2.3% on Tuesday—an increase for the fifth consecutive trading session.
A Must-Know Look at Consolidated Edison’s Dividends
Consolidated Edison has a dividend yield of 3.4%, higher than utilities’ average of 3%. It declared a quarterly dividend of $0.74 per share in October.
PG&E Faces Moment of Truth, Newsom Rejects Plan
California Governor Gavin Newsom rejected PG&E’s (PCG) reorganization plan on December 13. The rejection is a huge setback for the company.
How Utility Stocks Could Fare in 2020 with No Rate Cuts
Utility stocks have been some of the strongest equities this year. The stocks are up approximately 20% this year, in line with the Dow Jones.
How the Dow, S&P 500 Could Navigate Today’s Trading
Today at 7:06 AM ET, Dow Jones futures were almost unchanged. On Wednesday, the Dow and S&P 500 rose just 0.1% and 0.3%, respectively.
DUK: Analyzing Duke Energy’s Dividend Profile
Top regulated utility Duke Energy (DUK) declared a quarterly dividend of $0.945 per share in October. The dividend is set to be paid on December 16.
PG&E Stock: Will This Christmas Be Merrier for Investors?
PG&E (PCG) stock rose as much as 20% on Monday due to the announcement of the company’s settlement with wildfire victims on December 6.
PG&E’s Settlement with Wildfire Victims Is a Big Win
Last week, PG&E reached a settlement to resolve individual claims associated with wildfires in the last few years. The agreement is valued at $13.5 billion.
The Top Utility Stocks with Strong Dividend Growth
Utility stocks’ dividend growth plays a vital role in driving investors’ total returns over the long term, making it important as a dividend yield.
PG&E Stock: Has Santa Claus Come Early This Year?
Recently, PG&E stock continued to rise. The stock has gained in seven of the last eight trading sessions. Collectively, the stock has risen more than 30%.
PG&E: Short Interest, Volatility, and Chart Indicators
Bankrupt utility PG&E Corporation (PCG) stock started December off on a positive note, gaining more than 5% on December 2.
Get Real: Trump, Takeovers, and Top Stocks
In today’s Get Real market newsletter, we took a closer look at a potential Tesla takeover and at Trump’s part in US steel. Plus, a rebound for Boeing.
Utility Stocks: Is There Any Steam Left in These Defensives?
The Utilities Select Sector SPDR ETF (XLU), which represents the top utility stocks, has been trading in a very narrow range for the last two weeks.
PG&E Gets Hate, but California Blackouts Did Their Job
PG&E was strongly criticized for its preemptive blackouts this season, but according to the company, the blackouts prevented significant damage.
Dow Jones: November Was Its Best Month since June
This week, the Dow Jones Industrial Average Index (DJI) rose 1%. On a month-to-date basis, it has risen 3.8% and heading for the biggest gain since June.
SO: Analyzing Southern Company’s Key Indicators
Southern Company (SO) stock has continued to trade close to all-time highs. The stock has gained more than 42% this year, notably outperforming peers.
PG&E Gets No Respite from Inverse Condemnation
Yesterday, a judge denied PG&E’s plea to reduce its current wildfire liability by dodging inverse condemnation, according to the San Francisco Chronicle.
Utility Stocks: Analyzing the Top Gainers in 2019
Investors keep turning to defensives this year amid uncertainties in the broader markets. Some of the top utility stocks have outperformed their peers at large.
PG&E Continues to Burn amid Wildfires and Blackouts
While PG&E Corporation (PCG) continues to tackle deadly wildfires and preemptive blackouts, it’s also readying for a major winter storm this week.
NextEra Energy’s Dividends Look Good despite Low Yield
Renewables giant NextEra Energy (NEE) declared a quarterly dividend of $1.25 per share last month. It’s expected to pay a dividend of $5 per share in 2019.
Will AES Stock Continue Its Surging Spree?
AES Corporation (AES) stock hit a new 52-week high of $18.62 yesterday. Also, it gained in 8 of the last 9 trading sessions.
US Utilities Paint a Grim Picture of Power Generation Mix
Many top utilities rely on coal and other fossil fuels for power generation. They are still far behind their zero-carbon-emission targets.
Why Utilities Are Still Attractive despite Their Valuations
While almost all utility stocks are looking expensive right now, a T. Rowe Price analyst has called utilities “the most underappreciated” sector.
Will the Dow Jones Industrial Average Climb to 30,000?
The Dow Jones Industrial Average (DJIA) (DIA) seems to be touching new highs despite pessimism related to progress in trade talks.
Why Southern Company Has Institutions Optimistic
One of the biggest regulated utilities, Southern Company (SO), is the top-rallying stock in the sector this year. It’s up more than 40%.
Dimensional Fund Advisors’ Major Holdings in Q3
Dimensional Fund Advisors’ top buys are Apple (AAPL), AT&T (T), Microsoft (MSFT), L3Harris Technologies (LHX), and Verizon Communications (VZ).
Southern Company’s Dividends Compared to Its Peers
Southern Company (SO), the top regulated utility, declared a quarterly dividend of $0.62 per share last month. The ex-date for the dividends is Friday.
PG&E Stock Continues to Soar, Bears Run for Cover
The wild swings continued in PG&E stock yesterday. The stock gained another 13%. The company has come up with a compensation plan for wildfire victims.
Dow Jones Index: “Tariff Man” Trump is Back
On November 8, the Dow Jones closed at the 27,681.24 level, just 0.3% below its all-time high. US-China trade deal optimism raised equity markets.
Top Dividend Stocks from Utilities to Combat Recession
Recession fears have been hovering over the market throughout this year. However, defensives such as utilities are trading at record highs.
Where PG&E Stock Might Go amid Interest from Mayors
PG&E gained for the sixth straight day amid increased uncertainty. The stock has gained more than 80% during this period and closed at $8 on Tuesday.
Utilities Look Strong amid Growing Recession Fears
Along with the Dow Jones and S&P 500, normally slow-moving utilities are trading at record highs right now. And they could continue to shine.
Southern Company Beats Q3 Estimates, Stock Soars
Southern Company (SO) reported its third-quarter earnings today. Its EPS rose year-over-year from $1.34 to $1.14, beating analysts’ estimate.
Dow Jones Could Be in Trouble, Recession Fears Rise
The Dow Jones (DIA) and the S&P 500 (SPY) continue to linger around their all-time highs. Trade tensions between China and the US haven’t eased.
Southern Company: Buying the Rally before Q3 Earnings?
After a solid rally, Southern Company (SO) stock seems to have calmed down a bit recently. Should you buy on the rally ahead of earnings?
Bill Gross: Top Stock Picks with High Dividend Yields
On October 18, CNBC reported Bill Gross top picks. His top stock picks were Annaly Capital (NLY), Invesco (IVZ) and Allergan (AGN).
Southern Company Stock: Is It Time for an Exit?
Southern Company stock has slowed down after a 40% run this year. The utility is expected to release its third-quarter earnings by the end of this month.
Utility Stocks: How These Defensives Fared Last Week
Top utility stocks trended lower and lost 1.3% last week. Broader markets were positive but cautious on trade talk optimism, gaining 0.7% last week.
How PG&E Stock Could Trade after a Terrible Week
Bankrupt utility PG&E lost more than 25% last week. The fall came after the bankruptcy court allowed a bondholder group to pitch their restructuring plan.
Dividend Faceoff: Southern Company vs Duke Energy
Dividend yields of Southern Company (SO) and Duke Energy (DUK) currently stand at multi-year lows because utility stocks had a solid run this year.
Why Utilities Could Keep Smashing in the Fourth Quarter
Despite valuation concerns, utility stocks seem relatively well placed at the moment, especially going into October, compared to broader markets.
Where Southern Company Stock Might Go from Here
Southern Company (SO) stock gained again last week. SO stock has surged more than 40% and has outperformed the broader utilities.
Equity Market: Defensive Outperformed Amid Trade Fears
In the week that ended on September 27, the equity market saw another weekly decline. The S&P 500 index and Nasdaq-100 Index has declined by 1% and 1.8%.
Utilities Stand Strong amid Volatile Broader Markets
Utility stocks soared as Treasury yields fell on September 24. The Utilities Select Sector SPDR ETF gained 1.2% while the S&P 500 tumbled 0.8% yesterday.
How Top Utilities Look: Price Targets and Analysts’ Views
Last week, the top four utility stocks by market cap—NextEra Energy, Duke Energy, Southern Company, and Dominion Energy—touched new 52-week highs on Friday.
Factors That Could Aid or Spoil Southern Company’s Rally
There’s been a lot of talk about defensive stocks amid broader markets’ volatility. Southern Company stock has rallied almost 40% year-to-date.
Two Top Utilities that Beat Southern Company’s Yield
Among the top utilities, Southern Company’s 4.2% dividend yield beats the peer average of 3%. However, PPL’s yield is 5.6% and Dominion Energy yields 4.8%.
Will Southern Company Stock Continue to Soar?
Southern Company (SO) stock continued its momentum and gained almost 3% last week. SO stock has rallied more than 35% year-to-date.
Mobius and Powell: Why Gold Prices Could Soar
On September 6, in an interview with CNBC, Mark Mobius advised investors to accumulate gold. According to Mobius, gold prices will have more upside.
Utilities Shine Bright amid Broader Market Weakness
Utilities stayed strong as broader markets closed sharply down yesterday. The Utilities Select Sector SPDR ETF soared as investors turned to defensives.
Utilities: XLU’s Chart Indicators, Volatility, and More
The Utilities Select Sector SPDR ETF (XLU) touched a new all-time high on Friday. XLU has gained more than 18% year-to-date.
BAML Expectations: 2020 Will Be Difficult for Investors
BAML’s David Hauner said that 2020 will be a very difficult year for investors. The last recession came after two years of yield curve inversion.
How Southern Company Looks as the Yield Curve Inverts
Southern Company stock has had a robust run in 2019. Including dividends, it has returned more than 35% YTD, almost double the broad market index S&P 500.
Will Cyclical Stocks Rally in September?
In August, cyclical sectors such as energy, financials, and industrials have fallen the most amid recession fears in the market.
Why UBS Is Advising Investors to Stay the Course
UBS Global’s Mark Haefele recently wrote in a note, “We believe that investors can keep their investment strategies on track for the long term.”
Why Utility Stocks’ Upside Looks Capped from Here
While the S&P 500 has fallen more than 5% from its peak last month, utility stocks have continued to make all-time highs.
Utility Stocks Remain Strong amid Trade War Woes
Utility stocks have grown at 4% annually in the last few years and might continue to grow. But their upside from here on could be limited.
Finding the Top Dividend Stock among Utilities
The slow-moving utilities sector has outperformed the S&P 500 Index in the last five years. Utilities should grow 4%–6% per year in the foreseeable future.
PG&E Stock Fell 25% on Higher Risks from Tubbs Fire
PG&E (PCG) shares are trading more than 25% lower on Monday. A federal judge ruled that the utility must face victims of the Tubbs Fire.
Utilities: How Analysts Currently Look at these Defensives
Geopolitical tensions and falling Treasury yields hint at an upcoming recession and the utilities sector has outperformed broader markets.
Morgan Stanley: The Fed May Be Left with One Option
Morgan Stanley expects the Fed will gradually move back to the zero interest rate policy it had between 2009 and late 2015.
Southern Company Stock Looks Strong after Q2 Earnings
Southern Company hit a new all-time high of $58.56 on August 9. So far, Southern Company stock has risen approximately 33% this year.
Utilities Are Back in Focus as the Trade War Escalates
Investors turned to defensive utilities intensified yesterday after President Trump announced 10% tariffs on another $300.0 billion worth of Chinese goods.
Southern Company Beats Q2 Estimates, Keeps Vogtle Schedule
Top regulated utility Southern Company (SO) reported its second-quarter earnings today. It reported adjusted EPS of $0.80, exceeding expectations.
Top Utility Stocks Might Rise, Rate Cut Hopes Grow
The top utility stocks might continue to rise if the Fed delivers its interest rate cut this week. Utilities are usually seen as bond substitutes.
Southern Company’s Earnings: What to Expect in Q2
We expect Southern Company’s (SO) second-quarter earnings on July 31. The utility will likely report an EPS of $0.73 for the quarter ending June 30.
Dominion Energy’s Earnings Might Be Lower in Q2
For the second quarter, Dominion Energy’s (D) earnings are scheduled to be released on July 31. Dominion Energy will likely report an EPS of $0.76.
NextEra Energy’s Earnings: Solid Growth in Q2
NextEra Energy’s adjusted earnings have risen 13% year-over-year. The company reported an EPS of $2.35, which beat analysts’ consensus estimates.
Mild Weather Mars FirstEnergy’s Q2 Earnings
Electric utility company FirstEnergy (FE) released its second-quarter earnings results on July 23. It reported adjusted EPS of $0.61.
What to Expect From NextEra Energy and Its Peers in Q2
NextEra Energy (NEE) will likely report its second-quarter earnings on July 24. The utility is expected to report an EPS of $2.28 for the quarter ended June 30.
Southern Company’s Dividend Profile Compared to Its Peers
Southern Company (SO) declared a quarterly dividend of $0.62 per share on Monday. The dividend is in line with the previous quarterly dividend.
Utilities in Focus on Unstable Bond Yields and Rate Cut Hopes
Utilities, which are sensitive to interest rates, rose 1.8% while the S&P 500 managed to gain almost 2% in the week that ended on July 5.
Is Lagarde the Right Choice for ECB Chief?
In a surprise move, Christine Lagarde was nominated as the president of the European Central Bank on Wednesday. What are the implications?
Bond Yields Fall to Record Lows: Is It Time to Go Defensive?
Bond yields continued to fall to record lows this week amid growing anxiety about a global economic slowdown.
Utility Stocks Continue to Outperform as Treasury Yields Slide
On Wednesday, utility stocks continued to outperform as benchmark Treasury yields remained weak for the second consecutive day.
Is Joe Biden’s Green New Deal Really Feasible?
Joe Biden has proposed a climate change framework that aims to zero down on carbon emissions and create millions of new jobs by 2050.
Not All Utility Stocks Look Expensive Right Now
The unusual rally in utility stocks has pushed them to record valuation multiples this year. On average, they’re currently trading at 19 times their forward earnings!
The XLU ETF’s Indicators Last Week versus Top Utility Stocks
The Utilities Select Sector SPDR ETF (XLU) has continued to trade close to its peak recently. It closed at $59.63 at last week, almost 1% and 6% above its 50-day and 200-day simple moving averages.…
Why Utilities Underperformed the Broader Market Last Week
The defensives and utilities sector fell more than 2% last week while broader markets fell just 0.3%. Here’s why.
Utility Stocks: What to Expect in the Future
Utility stocks have outperformed broader markets. Over the past 12 months, utilities (XLU) have returned 19% including dividends, while the S&P 500 has returned 9%.
XLU: Why Did Utility Stocks Fall on June 26?
Utility stocks fell, while the benchmark Treasury yields rose on June 26. The Utilities Select Sector SPDR ETF (XLU), the representative of top utility stocks in the country, fell 2.2%.
Analyzing XLU’s Implied Volatility Trends
On June 21, the Utilities Select Sector SPDR ETF’s (XLU) implied volatility was 13%—close to its 15-day average volatility. In comparison, SPY’s implied volatility was also close to 13%.
Analyzing the Top Utility Stocks in 2019
Among the top utility stocks in 2019, Southern Company (SO) leads the pack. The stock has rallied almost 30% in 2019. Southern Company has shown an unusual rally in the last few months.
Top Utility Stocks Trade in the ‘Overbought’ Zone
Utility stocks continued to rise last week. The Utilities Select Sector SPDR ETF (XLU) hit a new 52-week high and closed at $61.0 last week. Utility stocks have shown a slow but steady rally in 2019.
Utility Stocks Traded Inversely to Treasury Yields
The FOMC kept the interest rates unchanged on June 19. So far in 2019, the benchmark ten-year Treasury yields have fallen more than 20%. A probable rate cut could make utility stocks relatively more attractive.
XLU: How Did Utility Stocks Fare Last Week?
Utilities rose 0.3%, while the S&P 500 rose 1.6% for the week ending June 21. So far in 2019, utility stocks have risen almost 15%, while broader markets have risen more than 17%.
Which Utility Stocks Have the Highest Dividend Yields Right Now?
The utilities sector continues to offer a premium dividend yield along with stable upward price movement. On average, utility stocks are currently yielding 3.2%, while broader markets offer a yield close to ~2%.