The utilities sector has been schmeissed (technical term) over the past couple of months. Its like all of a sudden investors all woke up en masse to finally decide the rising interest rates environment offers better alternatives for their investing dollars than relatively riskier dividend paying stocks.
This may be true, but is it possible investors may have overreacted a bit?
On a sector level, the Utilities ETF $XLU has potentially put in a tradeable bottom -- at least one we can lean against for risk management purposes. And considering their is upcoming earnings announcement risk in many of the biggest names in this sector, playing the ETF feels like the safest way to play.
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