Quantcast

Daily Traders Edge

Opinion: The U.S. stock market has two surprising new stars – MarketWatch

April 07
15:05 2016

They’ve been the black sheep of the stock market family, living in the shadows of their more glamorous siblings, like technology, health-care and consumer-discretionary stocks.

But now it’s their time in the sun. Utilities and telecom stocks, the ultimate widow and orphan stocks, have begun to shine.

So far in 2016, telecoms and utilities have outpaced the other eight sectors in the S&P 500, both racking up gains of around 15% through April 4, according to Yardeni Research.

They also have led the pack over the past 12 months, advancing by more than 12%, Fidelity reports.

Continue Reading At MarketWatch

Related Articles

Newsletter Signup

Sign up for our free newsletter