utilities

PG&E Cuts Off Power, Costs California Economy $2.6 Billion

All those years of insufficient maintenance caught up with PG&E Corp. (NYSE: PCG) in 2017 and 2018 when wildfires raged through Northern California destroying thousands of homes and causing at ...
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Why One Analyst Sees Expensive Water Utility Stocks Going Even Higher

The current bull market is over 10 years old, the strong economy has been slowing and investors are seeing and hearing "recession" so frequently some people might think a recession ...
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Does PG&E’s Reorganization Plan Have Any Support?

The bankruptcy reorganization plan submitted by PG&E Corp. (NYSE: PCG) on Monday got a predictable response: with a few exceptions, no one liked it. PG&E's plan proposes to pay in ...
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Is PG&E Doomed All Over Again?

PG&E Corp. (NYSE: PCG) is a utility that is too shaky for almost any type of investor. After all, the utility sector is supposed to be very defensive and come ...
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Plunging Interest Rates Have Utilities Back in the Spotlight: 4 Top Buys

Just when savers and income investors thought it was safe to start buying certificates of deposit, rates have nosedived again. The combination of ongoing trade issues and the Chinese devaluation ...
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How Banks Are Replacing Treasuries, Utilities and CDs for Income Investors

Many investors need income from their stocks to help supplement their life or retirement. With the yield on Treasuries so low, and with the Federal Reserve embarking on an interest ...
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Revisiting American Water Works as a Stock to Own for the Next Decade

American Water Works Co. Inc. (NYSE: AWK) has been an incredible performer over the years. It fits right in on the defensive utility sector trade for investors who want predictability ...
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How the Case for Owning American Electric Power for the Next Decade Has Changed

With a new decade on the horizon, investors need to be considering what worked over the past decade and whether they should expect the same or different outcomes for what ...
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Only 3 Defensive Utility Stocks Are Considered Cheap With Big Upside

With the stock market's caution in May giving way to a recovery in June, the major equity indexes are now trading back within striking distance of their all-time highs. Some ...
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Are Utilities Losing Their Defensive Appeal Ahead of Summer?

It is no secret that the economy and the market have run across some newfound challenges. On top of slower global growth, as well as an escalating trade war with ...
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Why One Red-Hot Sector May Go Even Higher as Interest Rates Plunge

Typically, falling interest rates are a positive for business and consumers, as the cost of borrowing drops dramatically. Home refinancing has jumped as mortgage rates are near the lowest levels ...
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Why Utilities ETFs Are So Appealing

For investors who want to get a good night's sleep, utilities have long been offered shelter from the storm. Virtually every person and company in the United States uses electricity ...
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Continued Low Interest Rates Keep This Super-Safe Sector Hot

For years after the great recession and the near collapse of the equity and debt markets in 2008 and 2009, interest rates were hammered to levels that were the lowest ...
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Why PG&E Delayed Its Annual Meeting

In an announcement Thursday morning, PG&E Corp. (NYSE: PCG) said that its annual shareholders' meeting scheduled for May 21 has been postponed until an unspecified date in June. The postponement ...
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Merrill Lynch Much More Optimistic for Upside in Major Utilities in 2019 and Beyond

Many investors flocked into the utility sector during and after the Great Recession. After all, this was a safety and defensive investing strategy, first and foremost. But the sector also ...
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