- 4 Enemies of Bull Markets
- Experiencing Technical Difficulty?
- The Importance of Good Breadth
- Your First Move For Friday November 27th
- How Big Money Rules the Markets
- Web Extra: Private Equity, Conviction Buy?
- Follow the Leader
- Pops & Drops: Abercrombie & Fitch, Nucor...
- Giving Thanks: Seymour
- Your Questions About... Alcoa & The Dollar
MOST SHARED
- The Executive Job Search
- Where Do Pardoned Turkeys Go?
- Chinese Overcapacity is Worsening, EU Chamber Warns
- Salvation Army's Kettles Now Credit Card-Ready
- Activision Prepares to Double Dip on ‘Modern Warfare 2’
- US Mint to Suspend American Eagle Gold 1-Ounce Coins
- Wal-Mart Price Pressure Hurts China Workers: Report
- Judge Erases Couple's $525,000 Mortgage Payment
- Topless Business Is Taking Off
RSS FEED
Text Size 
 |
] and S&P [.SPX
Loading...
()
] fell for the third day in a row. The sector has been on a run since hitting a low in early March and has been one of best performing sectors in the past three months. Since its March low, the S&P Utilities Sector is up nearly 10%. Utilities are often seen as a defensive play, with steady cash flows and solid dividends. What is impressive is the fact that this seems to be holding true even with record fossil fuel prices. Rising commodity prices increase the cost of producing electricity and regulated pricing on the transmission and distribution end make it hard (or at least slower) to pass the cost increases onto end customers. Interestingly, it is not the Nuclear leaders (a cheaper alternative to fossil) like Exelon [EXC
Loading...
()
] and Entergy [ETR
Loading...
()
] that have had the biggest gains.
Yesterday's jump was partly driven by the recent slide in crude prices. AES Corp [AES
Loading...
()
] jumped 3.3% followed by PSEG [PEG
Loading...
()
] up 2.9% and Constellation Energy [CEG
Loading...
()
] up 2.7%.
Here are the biggest gainers in the S&P Utilities Sector over the past three months:
- TECO Energy [TE
Loading...
()
] is up 30.6% and boosted its dividend in April
- Nicor [GAS
Loading...
()
] is up 24.9% and has 4.5% dividend yield
- CenterPoint Energy [CNP
Loading...
()
] is up 18.9% and has a 4.4% dividend yield.
- AES [AES
Loading...
()
] is up 18.1% in the past 3 months
- Dynegy [DYN
Loading...
()
] is up 16.6% in the past 3 months
- For nearly three decades, these on-call experts have been dishing advice on how to – and not to – cook turkey.
- Eric Schmidt pledges to create a virtual copy of the Iraq National Museum at Google’s expense.
- Bill Griffeth is taking a leave of absence from CNBC and Power Lunch for a year. Here's a message from Bill.
- More shoppers than ever plan to comparison-shop this season. Who will benefit?
- It may be the most unusual guide to business you'll read.
- How can you get out of debt and back on the road to recovery? Follow these ten steps.
Data is a real-time snapshot *Data is delayed at least 15 minutes