3 Value Utility Stocks
Utility stocks make up one of those market sectors known for slow, steady returns and high dividends that many income-seeking investors desire. Very rarely do they ever go on sale as a result, and it's hard to find value stocks in the segment. As with everything Wall Street, though, there are occasions when some valuations get a little out of whack, allowing these stocks to be bought at a discount.
So we asked three of our contributing investors to each highlight a value stock in the utility sector today. Here's why they picked Companhia de Saneamento Basico do Estado de Sao Paulo (NYSE: SBS), Eversource Energy (NYSE: ES), and SCANA Corporation (NYSE: SCG).
Image source: Getty Images.
Source: Fool.com
Eversource Energy Stock
€63.00
0.800%
With 14 Buy predictions and only 1 Sell predictions the community sentiment for the stock is positive.
On the other hand, the target price of 16 € is below the current price of 63.0 € for Eversource Energy, so the potential is actually -74.6%.
