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Mark Hulbert: The Utility Stocks That Retirees Should Be Buying: (XLU)
FYI: Should utility stocks be at the top of retirees’ buy lists?
Retirees have been favoring these stocks for years, of course, and they have been handsomely rewarded. Over the last 20 years, for example, the Utilities Select Sector SPDR XLU, +1.48% has beaten the S&P 500 index SPX, +0.82% by an annualized margin of 6.7% to 6.0%. It’s extraordinary for stocks as conservative as utilities to nevertheless beat the broad market over the long term. Regards, Ted https://www.marketwatch.com/story/the-utility-stocks-that-retirees-should-be-buying-2018-11-28/print
