|Last Price$32.21||Day Change (%)-1.35%|
|Open Price$32.57||Day Change ($)-0.44|
|Day Range32.14–32.79||52-Week Range24.86–33.03|
As of Thu 04/17/2014 04:47 PM EST | USD
UPDATE: NRG Energy enters residential solar market
The Deal Announces Candidates For Seventh Annual Most Admired Corporate Dealmakers Awards
Interest rate fears have weighed on the sector's absolute performance, but utilities' fundamentals remain strong for the most part.
Its discount to peers neglects its steady cash flows and option value.
Corporate credit spreads are fairly valued--albeit at the tight end of the range that we view as fairly valued.
The corporate bond market will probably struggle to return much above break-even in 2014.
With interest rates rising, will dividend yields keep utilities afloat?
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.
Widening investment-grade credit spreads and rising interest rates lead to losses.