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home / news releases / SOJD - Utilities Have Corrected But Is XLU A Buy?

SOJD - Utilities Have Corrected But Is XLU A Buy?

Southern Company (The) Series 2020A 4.95% Junior Subordinated Notes due January 30 2080

2023-03-20 23:33:02 ET

Summary

  • Utility stocks have sold off since August, as rising interest rates have given investors alternatives for income.
  • Many stocks in the sector are now trading at double-digit discounts to historical valuations.
  • XLU is a convenient and effective way to add high-quality utilities without having single-stock risk.

For further details see:

Utilities Have Corrected, But Is XLU A Buy?
Stock Information
Company Name: Southern Company (The) Series 2020A 4.95% Junior Subordinated Notes due January 30 2080
Stock Symbol: SOJD
Market: NYSE
Website: southerncompany.com
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