The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
Utility companies—those that provide electricity, water, natural gas, and other essential services for residential and commercial customers—have had a banner year. The benchmark Utilities Select Sector SPDR Fund XLU has climbed by about 31% in the last year, with the bulk of those gains having occurred in the last six months.
Utility companies—those that provide electricity, water, natural gas, and other essential services for residential and commercial customers—have had a banner year. The benchmark Utilities Select Sector SPDR Fund NYSEARCA: XLU has climbed by about 31% in the last year, with the bulk of those gains having occurred in the last six months.
High-quality utilities can offer safe and consistently growing income to shareholders. DTE Energy's operating revenue and operating EPS surged higher in Q2. The utility enjoys investment-grade credit ratings from the major rating agencies.
DTE is a solid investment pick in the utility space, given its growth prospects, strong ROE ratio and systematic long-term capital expenditure plan.
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
Invest in utility stocks like DTE, UGI, Northwest Natural (NWN) and Veolia (VEOEY) for steady returns and reduction of risk in a recovering economy.
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Shares of electric and gas utility provider DTE Energy Co. (DTE, Financial) have shown upward momentum over the past year. The stock has climbed by double digits year to date due to rising recessionary concerns in the U.S., pushing it close to its highest levels in nearly a decade.
DTE Energy (DTE) is a solid investment pick in the utility space, given its growth prospects, strong dividend yield and systematic long-term capital expenditure plan.
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.