2024-05-23 06:52:18 ET
Summary
- The article evaluates the Vanguard Utilities Index Fund ETF Shares as an investment option at its current market price.
- I see Utilities as being a momentum play right now, and I question how long that will last. I think the AI-hype for this sector is a bit overblown.
- Elevated debt levels are also a concern for the sector, with credit ratings agencies issuing more downgrades than upgrades for the underlying companies.
Main Thesis & Background
The purpose of this article is to evaluate the Vanguard Utilities Index Fund ETF Shares ( VPU ) as an investment option at its current market price. The fund's stated objective is "to track the performance of a benchmark index that measures the investment return of stocks in the utilities sector" and is managed by Vanguard....
Read the full article on Seeking Alpha
For further details see:
VPU: Only Fools Rush In (Rating Downgrade)