Are Utility Stocks Ready to Rebound in 2024?
Utilities delivered strong relative performance in 2022. However, this year has been a different story.
After benefiting from expectations of an economic slowdown and excitement about the Inflation Reduction Act, the sector has struggled year to date.
In this piece, our team delves into the factors contributing to recent performance and other topics currently impacting the group, including:
- Why investors have largely turned away from the utilities sector in 2023
- How the sector’s performance in the current interest rate environment compares with similar periods in the past
- What a Goldilocks scenario for utilities might look like
- Expectations for these stocks in 2024
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