New Jersey Resources to Broadcast First-Quarter Fiscal 2015 Earnings Teleconference Live on the Web
Rising interest rates do not change our opinion of New Jersey Resources' prospects.
Attractive growth opportunities can't cover up nosebleed valuations.
Interest rate fears have weighed on the sector's absolute performance, but utilities' fundamentals remain strong for the most part.
Regulated utilities could be hit hard by inflation, while diversified firms have long-term value that the market refuses to recognize.