|Last Price$13.17||Day Change (%)-0.08%|
|Open Price$13.17||Day Change ($)-0.01|
|Day Range13.17–13.17||52-Week Range12.59–13.32|
As of Thu 03/26/2015 | USD
Fast-approaching environmental regulation could reshape the utilities sector.
Week ending June 8: Rising bond yields cause big drop by stocks.
Final environmental regulations give utilities near-term certainty but no comfort.
Regulated utilities could be hit hard by inflation, while diversified firms have long-term value that the market refuses to recognize.
Our top managers could look beyond pharmaceuticals for additional yield.
Widening investment-grade credit spreads and rising interest rates lead to losses.
Despite their near-term challenges, we still see upside.
Rising interest rates have taken their toll, but as the Fed delays dialing back on stimulus, investors are poised to recapture some of their losses.
The stocks mentioned in this article be holdings in the managed portfolios of Validea Capital Management, a separate asset management firm founded by Validea.com founder John Reese. Validea Capital Management, which an SEC registered investment advisory firm and a separate company from Validea.com, uses, in part, the strategies discussed in this article to select stocks for its clients.