|Last Price$31.33||Day Change (%)-0.92%|
|Open Price$31.52||Day Change ($)-0.29|
|Day Range31.29–31.78||52-Week Range26.90–31.79|
As of Thu 04/17/2014 03:44 PM EST | USD
Interest rate fears have weighed on the sector's absolute performance, but utilities' fundamentals remain strong for the most part.
Corporate credit spreads are fairly valued--albeit at the tight end of the range that we view as fairly valued.
Finally, utilities with good growth and attractive yields are on sale.
Alternative methods have some use, but we think discounted cash flow is the most fundamentally sound way to value the conglomerate, as we discuss in the final installment of our 5-part series.
Interest rate fears leave several high-quality dividend-paying utilities looking cheap.
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.
We saw a higher level of trading by our top managers in the most recent period.
Get our sector-by-sector take on the bond market, plus our five best bond ideas.