ED - How Utility Stocks Could Benefit If Interest Rates Start Falling
2024-03-05 19:55:00 ET
Summary
- In the current economy are utility stocks a defensive investment?
- What does it mean when we hear that utilities are sensitive to interest rates?
- What should we expect from utilities earnings this year?
Utilities are considered by many to be a good defensive sector, but they’ve struggled in the current high interest rate environment. Marie Ferguson, Analyst at Argus Research, tells MoneyTalk’s Greg Bonnell why the outlook for the sector could change if interest rates start to fall later this year....
How Utility Stocks Could Benefit If Interest Rates Start Falling