Investing in AI by proxy but also shielding from inflation and recession. As the cherry on top, utility stocks can be stable income streams via dividends.
As of Dec. 12, 2023, five stocks in the utilities sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
Companies Reporting Before The Bell • RELX (NYSE:RELX) is estimated to report earnings for its Fiscal Year 2022. • Coca-Cola Europacific (NASDAQ:CCEP) is expected to report earnings for its Fiscal Year 2022.
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
Stephens & Co. boosted the price target for Installed Building Products, Inc. (NYSE: IBP) from $132 to $140. Stephens & Co. analyst Trey Grooms maintained an Equal-Weight rating. Installed Building Products shares rose 0.2% to close at $133.02 on Monday.
U.S. stocks traded lower this morning, with the Dow Jones dropping over 100 points on Thursday. Following the market opening Thursday, the Dow traded down 0.38% to 33,356.06 while the NASDAQ fell 0.75% to 11,906.87. The S&P 500, also fell, dropping, 0.48% to 4,070.56.
