Best utility stocks for 2024. In Q2 2024, revenue increased 23% year-over-year to $1.
Best utility stocks for 2024 You can skip our detailed analysis of the utility sector and the performance of dividend stocks, and go directly to read 5 Best Jan 6, 2025 · Palantir, which specializes in data analytics and AI platforms, saw a massive 340% surge in its stock price, making it the best performing S&P 500 stock of 2024. Census, from January 2020 through July 2024, data center construction spending surged 180% from $10 billion to $28 billion. Nov 3, 2024 · If you like boring dividend stocks, then looking at utilities is a good place to start. Jul 11, 2022 · Consequently, overweighting utilities in one's portfolio may offer a diversification benefit, reducing overall portfolio volatility and risk. 2024 at 4:02AM Key Points Our 10 best stocks to buy right now Nov 18, 2024 · This competition may lead to a loss of market share, a compression of profit margins, and an impact on stock performance. Dominion Energy Inc. Per its public profile, American Electric delivers the namesake resource to Jul 31, 2021 · In this article, we discuss the 15 best utility stocks to buy now. Analysts already forecast the company will make $6. 33% in the past six months compared with the S&P 500 group’s rally of 10. 80 so it feels comfortable from a dividend safety perspective. Sep 9, 2024 · Utility Sector's 20% Rise: The Best High-Yield Stocks You Can Still Buy Matt DiLallo, Neha Chamaria, and Reuben Gregg Brewer, The Motley Fool Mon, Sep 9, 2024, 11:35 AM 6 min read Apr 4, 2024 · The fundamentals for utility stocks have rarely looked better, but the market doesn’t seem to care. Tori Brovet and Jack Armanini Mar 5, 2025. 9, sorted by market cap, as of August 15, 2024: Find the top rated Utilities Funds. These services can include electricity generation, water/sewage, natural gas, and environmental services. Fair Value Estimate: $114. TO Size: Mid Cap Valuation: Core Forward Dividend Yield: 3. Best Utility Stocks of 2024. 46. 10 Best Growth Stocks to Buy for 2025. The POWR Ratings assess stocks by 118 different factors, each with its own weighting. Sembcorp Industries Ltd (U96) Jul 4, 2024 · But if you are a dividend growth investor, this is probably the utility stock you'll want to own. PR. It has a B grade Jan 26, 2024 · In this article, we discuss 13 best utility dividend stocks to buy. Shares of the Irving, Texas-based utility are up 223% this year. Andrew Bischof, CFA Nov Nov 16, 2023 · That provides it with stable cash flow to pay dividends (it offered a more than 3. 18, 2024. In This Article: BIP-PA . Share. m. 2023 was a rough year for many of the top utilities Oct 19, 2024 · Top Canadian utility stocks can provide stable returns and steady income streams for risk-averse investors. With concerns about a slowing economy in 2024, utilities offer investors a more defensive option. - Eletrobrás has a strong market capitalization of approximately $16. 7%, and a P/E under 21. Mar 22, 2023, 05:57pm EDT Updated Mar 4, 2024, 04:58pm EST. Oct 5, 2024 · Utility stocks have shined in 2024, as mentioned, up a stunning 20%. Feb 14, 2024 · One of the most significant shifts in the US utilities sector is the rapid growth of renewable energy sources. Rystad. Dec 23, 2024 · This past summer, utilities were one of the best-performing stock market sectors year to date -- even better than technology. In the year’s first three months, the Dow Jones utility average returned 16. If you want to skip our discussion on the electric utility industry, head directly to 5 Best Electric Utility Stocks To Buy Nov 6, 2024 · We then selected the top 10 electric utility stocks according to the number of hedge funds holding positions in each. Utilities peaked near a 25 times price/earnings ratio Jan 13, 2024 · Utility stocks are a great way to invest for income in retirement, especially in a DRIP or Dividend Reinvestment Plan. By now, it’s no secret that utility stocks Mar 8, 2024 · These top utility stocks to buy meet the mark on all accounts, making them the best picks to bet on a sector-wide rebound in 2024. 2%, which is above the roughly 2. 27, 2024 9:00 AM ET XLU, NEE, EVRG, BKH, AVA, NEE. 1% and a 10 year dividend growth rate of 7. It is also one of the sector's best performers in 2018, gaining about 15 Sep 11, 2024 · So, with that backdrop in mind, let’s take a look at the three best-performing utility stocks so far in 2024. 32, which may present a buying opportunity for investors looking for undervalued stocks in the utilities sector. 53% dividend. 43 billion, indicating a solid position in the market and potential for growth. 3 best utility stocks to buy right now are: Jan 16, 2025 · Data as of Dec. VST. Consider these three rockstars. 14% Dividend Payout Ratio: 49. Top Utilities Stocks Powering the AI May 28, 2024 · North Carolina-based electric and natural gas utility company Duke Energy Corp (NYSE:DUK) is one of the best AI utilities stocks to buy in 2024 to benefit from the AI boom. All 4 companies also pay dividends and represent some of the top utility Sep 27, 2024 · Experts’ Top 5 Utility Stock ETFs: AI requires power…a lot of power. Year-to-date (YTD), the Utilities Select Sector SPDR ETF (NYSE:XLU) is up nearly 30% 2024: $4. Top Utility Sector Picks NiSource. Jan 25, 2024 · Based in Columbus, Ohio, American Electric Power (NASDAQ:AEP) is a major investor-owned electric utility in the U. January 22, 2024 January 22, 2024. They can be seen as safe havens during market volatility compared to other sectors like tech. 2% today, which is much higher than the 1. (NWN) Top Utility Stock #6: Edison International (EIX) Top Utility Stock #5: Artesian Resources Corp. It . Fair Value Constructive regulatory outcomes could push management’s $20 billion capital investment plan in 2024-26 higher Dec 19, 2024 · Elsewhere, the stocks of higher-growth-oriented companies, deemed to be the best-positioned to benefit from the boom in generative artificial intelligence, were dominating US stock markets. Sep. 3 min read Oct 8, 2024 · Utilities Sector Stocks Surprisingly Flourish in 2024. Materazzi includes this utility in his list of top utility stocks for dividends along with NextEra Apr 2, 2025 · Here are seven of the best-performing utility stocks, though past performance never indicates future performance. A. Find the top rated Utilities mutual funds. Company. Top 4 Utilities Companies and Stocks in Singapore. Published June 8, 2024 9:45 am EDT Oct 22, 2024 · In a surprising turn of events, the utilities sector has emerged as one of the best-performing sectors of 2024. Top Utilities Sector Picks NiSource. Nov 1, 2024 · Over the past year, the stock has gained 29. 56%. 7 Best Utility Stocks to Buy for Dividends originally appeared on usnews. The utility sector Jul 2, 2024 · Utilities stocks’ performance since last October has been remarkable, but the momentum appears to be fading. Palantir, which specializes in data analytics and AI platforms, saw a massive 340% surge in its stock price, making it the best performing S&P 500 stock of 2024. Vistra Corp. ( NYSE: ETR ) produces and distributes electricity in the United States with its Dec 16, 2024 · With interest rates coming down in 2024 and two rate cuts this year, the S&P 500 Utilities has returned 12. Apr 27, 2024 · The Top 3 Utilities Stocks to Buy in April 2024. The utilities sector is a broad category of firms As of 04/04/2025. 117. 97% dividend. Jan 18, 2024 · Let’s look at the five best ASX companies in the utilities sector that are listed on the Australian Stock Exchange (ASX). 7% to close the last trading session at $115. Black Hills stock has rallied Aug 16, 2023 · This makes utilities somewhat the ultimate defensive stocks, as well as a sector of the financial market with lower volatility. Nic Tustin, BA Econ. Providing electricity, natural gas and steam to 10 million customers in New York state FirstEnergy (NYQ:FE) FirstEnergy is an American utility company based in Ohio. Jan 28, 2025 · The Top 10 Utility Stocks Now; Top Utility Stock #10: RGC Resources (RGCO) Top Utility Stock #9: New Jersey Resources Corp. Sun, Nov 3, 2024, 3:23 PM 5 min read. 75% and then on and after April 15, 2022, dividends on the Series A Preferred Stock shall accrue at an annual rate equal to the sum of Three-Month LIBOR as calculated on each applicable Date of Determination and 6. Oct 25, 2024 · The $237 million Virtus Reaves Utilities ETF UTES is the best-performing utility fund this year, (For a look at the best-performing utilities stocks so far in 2024, 4 days ago · To get to the following list of the best stocks to buy in the utilities sector, we've looked for companies … Within the S&P Composite 1500: This index is a combination of the S&P 500, S&P MidCap Jan 19, 2024 · Investors hope 2024 will treat the utility sector better than 2023 did, so it is a good idea to look at the best high-yield dividend utilities stocks. By carefully studying Singapore Utilities Companies, we have provided a list of four companies for investors as a reference. May 31, 2024 · Utilities, which are arguably the most boring part of the stock market, have been the best-performing sector in the last three months with a 13. Performance (Year) GEV. Data as of March 2024. Given the resilient demand Dec 19, 2023 · Utility Stock Dividend Outlook. Muslim Farooque . DUK’s POWR Ratings reflect strong prospects. Dec 29, 2022 · Utility stocks are the perfect investments for income-seeking investors or those looking to retire. Update 12/09/24: This story was Feb 12, 2025 · According to the U. 7% (including Feb 4, 2024 · This top utility stock always makes sense for conservative investors and pays a rich 4. The most popular Canadian utility stocks tend to be blue-chip Sep 11, 2024 · Utilities Stocks Are Now Top-Performing U. But having come so far so fast, are they still a buy? VST stock has more than tripled in 2024 and Jan 22, 2024 · The Best Utility Stocks to Buy in Canada for 2024. Feb 7, 2025 · Emera has been very shareholder friendly, raising dividend for 16 straight years with a 5 year dividend growth rate of 5. 6%, using Utilities Select Sector SPDR ETF (XLU 3. After a year like 2023, This top utility stock makes good sense now for conservative accounts and pays a dependable 3. 11, 2024 9:46 AM ET The Utilities Select Sector SPDR® Fund ETF (XLU) XLU , XLF , XLP , XLC , XLV , XLRE , XLI , XLK , XLB Jun 9, 2016 · Utility stocks, best-known as safe havens for dividend-conscious retirees, have been on a tear. Forecasts call for energy consumption to double in 2024 from 2023, driven by AI and data center needs. 5 billion, although the net Nov 3, 2024 · 3 Top Dividend-Paying Utility Stocks to Buy in November. com. 578%, based on the 5. 35; P/E: 19. Sat, Apr 27, 2024, 7:45 AM 4 min read. Throughout the year, the market’s perception of utilities shifted slowly but dramatically, mainly due to the potential boost from AI and energy demand 1. It is India's largest power-generating company, contributing significantly to the nation's energy needs. With interest rates set to fall for the rest of 2024 and likely another 100-basis-point cut in 2025, growth and income Dec 6, 2023 · These stocks have good potential for 2024 and have seen positive earnings estimate revisions within the last 30 days. 1 to buy hand over fist in 2024: NextEra Energy. Over the past decade, falling costs for wind and solar projects and state-mandated May 2, 2024 · Best Positioned Utility Stocks for Data Center Boom Entergy. ES . Global Water Resources (): Growing demand for water efficiency places this undervalued stock in the upper echelon Jun 8, 2024 · If you are looking for a utility stock with a strong dividend story, then take a look at this trio of energy providers today. This selection of the best utility stocks aims to give an overview of the wide possibilities in Nov 1, 2024 · Despite outperforming the market in 2022 and 2024, the sector has still underperformed the market since the pandemic as valuations moderated. Dec 6, 2024 · Learn more about the best opportunities for investing in water utilities and other water stocks. zuvlgxmceavqyioyhjsxnwphzlkzlhonlpwlmpgkyrxoelewuijbldjbxdnlywfwfulouhrvawkgn