Utilities have never been more expensive on a price-to-earnings basis in the past three decades. Even during the telecommunications boom and the peak of the tech bubble in the late 1990s, valuations in this sector weren't as inflated as they are now.This sector is likely being priced for perfection, in our view.11:24 PM · Oct 7, 2024
JUST IN : Warren Buffett Indicator hit 197%, the highest level in history, surpassing the Dot-Com Bubble and the Global Financial Crisis.3:36 AM · Oct 8, 2024