Utilities Stocks Look Headed for an Outage
Few industries have benefited as much from the Federal Reserve's zero-interest-rate policy as the publicly traded utilities. They fared doubly well as heavy borrowers for capital needs while also seeing ballooning demand for their shares as fixed-income rates on CDs and Treasuries plummeted.
Yield-starved investors have driven the group relentlessly upward since 2009's flight to safety kicked in. A quick glance at the Dow Jones Utility Index through July 2012 tells the story....426 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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