Market Factors: In praise of a dividend-paying sector that’s much less boring than it looks on the surface
The article discusses the positive outlook for regulated utilities, highlighting their defensive characteristics and potential for profit growth. Analyst Maurice Choy from RBC Capital Markets praises specific companies within this sector, noting their strategic goals and ability to de-risk their businesses. The piece also draws parallels between current market volatility and the post-vaccine period during the pandemic, suggesting a shift in investor focus from tech stocks to more economically sensitive assets.
- ▪RBC Capital Markets' Maurice Choy praises regulated utilities for their strong defensive characteristics and profit growth potential.
- ▪Choy recommends Brookfield Infrastructure Partners, Altagas Ltd., and Emera as top picks in the sector.
- ▪Regulated utility stocks are currently trading at a 36-percent premium to the S&P/TSX Composite index.
Opening excerpt (first ~120 words) tap to expand
ShareSave for laterPlease log in to bookmark this story.Log InCreate Free AccountWe begin this edition of Market Factors with a look at regulated utilities that imply not only strong defensive characteristics but also profit growth. Then, how upcoming market volatility might resemble Vaccination Day during the pandemic. The diversion is racing-centric and we have quick hits as always. EquitiesRegulated utilities with growth potentialIt’s not often that an analyst praises the stocks they cover. RBC Capital Markets’ Maurice Choy came as close as analysts come to waxing poetic about a sector, in this case regulated utilities. Helpfully, he also provided his top picks along with the plaudits in a Wednesday research report.Mr.
…
Excerpt limited to ~120 words for fair-use compliance. The full article is at The Globe and Mail.
Discussion
0 commentsMore from The Globe and Mail
