Utilities Sector Winners Shine Through Sector's Lowest Weighting Level Since Dot-Com Bubble

Thursday, 7 March 2024, 19:02

The Utilities sector in the S&P 500, often overlooked, is defying market norms by outperforming despite being at its lowest sector weighting level since the dot-com bubble. This defensive segment remains in negative territory over the past year, yet some Utilities stocks are showing resilience and delivering impressive returns. Investors may find hidden gems in this sector even amidst broader market challenges, highlighting opportunities for strategic investment decisions.

https://store.livarava.com/b315bf48-dcb7-11ee-b8d6-5254a2021b2b.jpe — Utilities Sector Winners Shine Through Sector's Lowest Weighting Level Since Dot-Com Bubble

Utilities Sector Performance

The Utilities sector of the S&P 500 continues to receive no love from Wall Street as the defensive segment is the only S&P sector that trades in negative territory over the past 1-year.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

Utilities Sector Performance

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