Can Utilities in the ‘Bond-Esque’ Sector Offer the Best of Both Worlds?
November 24, 2020 at 10:29 AM EST
The Utilities Select Sector SPDR (NYSEArca: XLU) and other utilities exchange traded funds are usually thought of as low beta, defensive assets, but some analysts are highlighting the utilities sector as a Covid-19 recovery destination. Utilities are typically more stable stocks since the demand...