This Sector’s Earnings Trends Hold Steady Against Covid-19 Backdrop
June 16, 2020 at 12:52 PM EDT
Plenty of sectors are homes to diminishing earnings expectations because of the coronavirus pandemic. One group holding mostly steady is utilities, accessible by an array of ETFs, including the Utilities Select Sector SPDR (NYSEArca: XLU). Utilities are typically more stable stocks since the demand...