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Dividend Kings can be a great source of attractive, sustainable, and growing income. I list three that are attractively priced right now. These all are among the highest-yielding Dividend Kings as well.
If you're interested in broad exposure to the Utilities - Broad segment of the equity market, look no further than the Utilities Select Sector SPDR ETF (XLU), a passively managed exchange traded fund launched on 12/16/1998.
For investors seeking momentum, Utilities Select Sector SPDR XLU is probably on the radar. The fund just hit a 52-week high and is up 49% from its 52-week low price of $54.77/share.
While the tech sector has become overvalued, utility is still undervalued and could be worth investing in to tap the AI boom.
Defensive sector ETFs achieve new highs amid a dull start to September.
The utility sector has been the top-performing sector in the stock market so far this year. Falling long-term interest rates and rising demand for electricity are helping to lift these stocks.
Investors considering hedging bets may think XLU offers a safe haven based on backtesting. The Utility sector outperformed the S&P 500 during the "lost decade" of the 2000s. But its current valuation and yield suggest that now is not the time to buy. The challenges the utility sector faces have changed dramatically since the early 2000s, too, making it a far less safe place to invest your money today.
On Yahoo Finance's Good Buy or Goodbye, host Julie Hyman is joined by Great Hill Capital Chairman and Managing Member Tom Hayes to discuss his top stock picks and avoidances in the logistics and utilities sectors. Hayes recommends GXO Logistics (GXO) as a buy, highlighting chairman Brad Jacobs' "Midas touch" and track record of creating shareholder value.
When markets correct, it is a good time to revisit which equity market sectors are “defensive” themes. Certain products and services are nondiscretionary in nature that we cannot live without.
Designed to provide broad exposure to the Utilities - Broad segment of the equity market, the Utilities Select Sector SPDR ETF (XLU) is a passively managed exchange traded fund launched on 12/16/1998.