3 Utility Stocks to Buy on Imminent September Rate Cut
NWNNorthwest Natural pany(NWN) ZACKS·2024-08-14 21:20

The utilities sector is known to offer investors a steady source of income in the form of dividends. This makes the sector a fallback option for investors during recessions and economic downturns. Alternatively, utility stocks usually fall out of favor during times of economic growth, with growth stocks driving the markets. These are defensive stocks that are not affected or very slightly affected by market volatility. Demand for these stocks is not impacted much when markets are volatile because of the ver ...