How Utility Stocks Became Risky
This article is from the archive of The New York Sun before the launch of its new website in 2022. The Sun has neither altered nor updated such articles but will seek to correct any errors, mis-categorizations or other problems introduced during transfer.
With senators McCain and Obama in a virtual dead heat in the presidential race, the direction of economic regulation over the next four years is a big question mark. What are investors to do? Can they still find low-risk investments in utility stocks, whose fate is not tied to usual ebbs and flows of the business cycle?
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