Utilities sector

[EricL]

(02-19-2020, 04:16 PM)fenders53 Wrote: Thanks Eric. Still holding my breath. I've never seen Utes run like this and it is well over a year long rally now.

Oh I agree, it's crazy town in the sector.

Just looked at my water utility list, and most are trading at PE's over 30, with a few over 40. Yields well below 2%. All have EPS growth rates under 10%.

AWK and NEE are getting tough to hold. They are still underweight positions in my portfolio so I'll probably just stand pat and hold for the long term, but there's little doubt they are overvalued here.