The third quarter is officially in the books, and the best-performing sector of the year so far has been utility stocks.
This often considered “boring” sector is up 30% year to date and trading near all-time highs. It just logged its best quarter since 2003. And it’s currently on pace to have its best year since 2000.
So on today’s new episode of the SteadyTrade Podcast, Tim Bohen and I dive into what’s driving these stocks to new highs. We also explain why utilities are a great way to gain exposure to some of the biggest trends in the market today – like artificial intelligence (AI) and nuclear energy.
I reveal some of my favorite names in the utility sector – including the largest provider of nuclear energy and a major water utility company. I also share a way to profit as more utility poles pop up across North America.
Then, we tackle another big story this week…
Chinese stocks have been on fire recently thanks to the government’s recent stimulus package. Tim examines the microcap stocks that are moving as a result and shares how he has been day trading the rally.
Here’s to the future,
Matt McCallEditor, Market Insights
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