As the stock market braces for headwinds from geopolitical uncertainty and inflationary pressures, investors could be turning towards defensive sectors. As such, utility stocks could be one to consider as they are usually better equipped to weather market volatility.
This is because utility stocks consist of companies that provide essentials such as water, electricity, and gas. On top of that, demand for these utilities is likely stable even during periods of war or inflation. Besides, utility companies are able to offer strong dividends thanks to their steady flow of income, making them a safe pick for investors.
4 Top Utility Stocks To Watch This Week
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