Utility stocks are the top performers of the past month, finding new fans among income investors...
Utility stocks are the top performers of the past month, finding new fans among income investors as the 10-year Treasury approaches 3%. The three biggest holdings in the utilities ETF - Southern (SO), Exelon (EXC) and Dominion Resources (D) - boast dividend yields near 5%, which means utilities are 35% undervalued relative to government bonds, a Barclays analyst says. (ETF: XLU)
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