21-10-2024 16:00 via foxbusiness.com

Utilities are having a renaissance moment

Ho-Hum utility stocks have been anything but in the past few months and are enjoying one of the best years in recent memory with gains over 29% outpacing the S&P 500’s 23% rise. Kevin Mahn, president and chief investment officer of Hennion & Walsh Asset Management told FOX Business he sees more tailwinds for utilities, even with the advance. "They generally tend to provide high level of current income potential through dividends. And now that we're heading into a declinin
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