FUTY News and Press, Fidelity MSCI Utilities Index From 05/27/22

Xcel Energy doesn't have a very high dividend yield, nor does it have a very high dividend growth rate. Xcel shines because of its low-volatility characteristics. When adding a decent yield and decent dividend growth, the company is able to deliver safe and reliable long-term outperfo...

Our rising price problem is, more than anything, a supply problem, and reducing demand is certainly one way to tackle it. But returning to the pre-COVID growth rate doesn’t mean we are headed to recession, that contraction is in our immediate future. US stocks and REITs wer...

Gas is the most attractive utilities industry in both valuation and momentum. Water and electricity subsectors are overvalued by almost 30% relative to 11-year averages. FUTY: an alternative to XLU. 10 stocks cheaper than their peers in May. For further details see: ...

We're seeing declining asset prices from bond to equities, and in some cases, real assets because of higher inflation. We are seeing early signs that inflation is starting to moderate. Equity market is currently pricing in the probability of a mild recession. For further det...

Eversource Energy reported very solid Q1 results that showed the earnings per share growth that we have come to expect from this company. This EPS growth was probably caused by the company's rate base being significantly higher than it was in Q1 2021. The company intends to contin...

Healthcare, Staples, and Utilities continue to outperform as selling intensifies in the growth style. Investor positioning is still light in the space – even after a year of alpha. While absolute valuations have turned somewhat pricey, the defensive supersector shows decent...

American States Water is rapidly increasing its water rate base. Although AWR's Q1 results were lower than the previous year, this has to do with the timing of payments and the outcome of some settlement cases. The company aims to get more involved in the military contract field. ...

Utility stocks normally suffer when bond yields are rising, which typically occurs when the economy is strengthening, but the current round of higher yields has helped utility shares, and Barron's believes their run-up is not over. Today's higher yields are a result of the Fed trying to slow ...

In a "game changer for New York's transition away from fossil fuels," state regulators approved on Thursday a $4.5B project by Canadian public utility Hydro-Quebec to supply hydropower to New York City, with construction expected to begin this summer and completion scheduled for 2025. New Yor...

Typically, we look at net new highs as a way to confirm moves in the broader market. At the high last Wednesday, over 90% of S&P 500’s new highs came from defensive sectors. In other words, defensives have been a notable pocket of strength recently. For further de...