The 3 Most Undervalued Utility Stocks to Buy in July 2024
DUKDuke Energy(DUK) Investor Place·2024-07-12 03:14

Utility stocks have underperformed over the past few years. Investors shunned the sector due to worries about higher interest rates, which often magnify the impact on debt-laden utility firms. In addition, investors have placed less value on lower-risk dividend companies as the yields on risk-free government bonds increased.But now, the narrative is changing. The demand for electricity to power data centers for artificial intelligence will grow considerably. In addition, the electric vehicle revolution is a ...