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When people think about trading or any other type of investment strategy, the last thing they tend to think of are utility stocks — and that's a mistake.
They're just not that flashy or sexy, so they don't get as much TV time.
I mean, they typically don't have great stories associated with them. Utilities experience less volatility than the overall stock market most of the time, and aren't exactly known for being high-flying tickers — like FAANG stocks or big tech names.
But even in a bad economy, we still need utilities...
So today, I'll show you why these three deserve a spot in your portfolio over names that thrive on consumer spending. | | |
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