Reported about 1 month ago
Morningstar's Chief US Market Strategist, David Sekera, highlights the potential of utilities as a significant investment opportunity, comparing their undervaluation to the tech sector. With a year-to-date increase of around 22%, he believes utilities can be intertwined with the growing demands of AI, which requires more electricity. As AI technology expands, Sekera posits that utilities may represent a fundamental aspect of future investment strategies.
Source: YAHOO