Utilities stocks have become a hot sector on Wall Street, with investors driving the Utilities sector higher. The sector has seen a significant increase, with $XLU hitting a new 52-week high and actively managed ETF $UTES up 25% in the past 3 months. Utilities are now seen as a way to gain exposure to AI-related electricity demand and are trading on attractive relative valuations.
Covered this in the latest Weekly report -utilities (and defensives) are trading on attractive relative valuations, utilities are also apparently getting a boost from anticipated AI-related electricity demand upturn https://t.co/QfCrMqmfiL
Utilities end the week with a powerhouse close as the top sector in the S&P 500– up more than 12% for the year. @michaelsantoli takes a look at what's really lighting up the rally in utilities. https://t.co/OzFG72qHhV
Our "ETF of the Month" is $UTES a lesser-known actively mgd Utilities ETF which is popping off, up 25% in past 3mo vs 4% for SPY and 19% for XLU with a notable % jump in $ volume. Aum $83m, fee 0.49%. Value stocks some back door AI exposure as well via @SirYappityyapp https://t.co/B6v2i8Yifu
With utilities $XLU printing a new 52 week high, I looked at states with the highest increase in data centers, the electricity stocks within the state, and the net income each stock generates for each megawatt of supplied electricity. Also looked at fund flows from recent 13F… https://t.co/wTfrogEaL6
The Year of the Utes? Is it defense or offense that investors are now playing by sending the Utilities sector higher? Read our newest Think BIG post highlighting the recent upside action we've seen in the Utes: https://t.co/Qi9iCwTqR8 $XLU https://t.co/j6WxfeSChX
The surprising reason why utilities stocks have suddenly transformed into the hottest sector on Wall Street https://t.co/DkKgs2hhXP
(🤫utilities are now AI stocks) https://t.co/4sDzTTi1a3