Utilities' 23% total return through mid-December topped all sectors except for M&A-fueled health care.
Utilities' 4% dividend yields still look attractive even with the chance for rising interest rates.
Although not as cheap as it was, the stock market's valuation today isn't much different than long-term historical averages and is more attractive than competing investments like bonds and cash, says Oakmark's Bill Nygren.
Shortly after the European Union's order to the Spanish government to remove protectionist measures preventing E.On's EON bid for Endesa ELE, E.On has upped the ante. E.On increased its bid by 38%, from 25.4 euros per share to 35 euros per share, increasing the all-cash tender by roughly $13 ...
These bargains offer robust dividends and room for price appreciation.
Finally, utilities with good growth and attractive yields are on sale.
We don't see an end to this atypical volatility until interest rates rise back toward historical norms.
We are getting only some of the economic and earnings fundamental improvement we need to keep pushing us forward, says Nuveen chief equity strategist Bob Doll.