Utility stocks are trusted for the long haul for a reason. Commanding permanent relevance, they’re practically impossible to displace. Stated differently, utility stocks benefit from what’s known as a natural monopoly. While would-be rivals are free to compete with these established entities, they also face considerable hurdles. From high startup costs to onerous regulations, it takes a gargantuan effort to be a utility provider. In the end, it’s just not worth it for those on the outside looking in. Also, ...