The Best Utilities Stocks to Buy
Utilities stocks appeal to investors for a few different reasons.
- They are considered defensive investments, as demand for electricity, water, and gas remains stable regardless of economic conditions.
- Many offer attractive yields and therefore appeal to investors who like high-dividend stocks.
- Utilities companies often operate in regulated industries, providing consistent revenue and earnings, which can reduce volatility in a portfolio.
In the year to date, the Morningstar US Utilities Index rose 10.58%, while the Morningstar US Market Index gained 1.93%.
To come up with our list of the best utilities stocks to buy now, we screened for:
- Utilities stocks that are undervalued, as measured by our price/fair value metric.
- Stocks that earn…
