Skip to main content

2019 was an exceptional year for utility stocks which delivered their highest return in five years. This year, they are the best-performing sector of the S&P 500, having returned nearly 8% YTD. While this month’s rally may be a defensive play, MRP believes the best is yet to come and sees electric utilities as a long-term play on the unfolding electric vehicle (EV) revolution.

To read this Market Insight, you’ll need to  sign in

If you don’t have a subscription,  sign up or start a free trial .