|Last Price$44.00||Day Change (%)0.41%|
|Open Price$43.94||Day Change ($)0.18|
|Day Range43.82–44.37||52-Week Range32.12–44.45|
As of Fri 01/23/2015 04:46 PM EST | USD
PSE&G Prepares for Heavy Snow and Near Blizzard Conditions
PSEG Long Island Prepares for Blizzard Conditions and Heavy Snow
Utilities' 23% total return through mid-December topped all sectors except for M&A-fueled health care.
ITC Holdings, American Electric Power, and Public Service Enterprise Group are aggressively expanding into a wide-moat area of electric transmission.
iShares Global Infrastructure provides a broad, inexpensive way to invest in global infrastructure.
Top managers continue to focus on higher-quality dividend-paying stocks in a fully valued market.
With solid growth prospects and dividend yields above 4%, income investors would be wise to consider high-quality utilities such as Southern Company, Duke, and Public Service Enterprise Group .
Interest rate fears have weighed on the sector's absolute performance, but utilities' fundamentals remain strong for the most part.
Our top utility picks during periods of inflation, deflation, or stagflation.
Although the economy needs to improve before the Fed raises key rates, some dividend payers might act as good hedges amid higher rates, while others have something to lose, says Morningstar's Josh Peters.