The Traderszone Network

Published in TZ Latest News 28 December, 2015 by The TZ Newswire Staff

3 Top Utility Stocks Hold Up Despite Fed Rate Hike

Several leading utility stocks are holding up well despite concerns that higher interest rates could increase their financing costs and reduce their appeal as dividend investments. Consolidated Edison (ED), Pinnacle West Capital (PNW) and Ameren (AEE) have each risen slightly since Dec. 16, the day the Federal Reserve raised interest rates for the first time in almost a decade.

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