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September 01, 2020 1:37pm
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Utilities Slide Makes Valuations Look More Reasonable

The utilities sector and ETFs, such as the Utilities Select Sector SPDR (NYSEArca: XLU), haven’t lived up to their defensive reputation amid the COVID-19 pandemic, but recent weakness in the group has made valuations a bit more reasonable. Defensive utilities are typically more stable stocks...
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