When Stocks Slide, These Are the Sectors That Do Best
Is the worst over for the stock market? Maybe. However, significant uncertainty remains -- even with the U.S. Court of International Trade ordering a halt to many of President Donald Trump's tariffs. (The administration has appealed.) The stock market may sink again. Billionaire hedge fund manager Steve Cohen even stated recently that stocks could decline nearly as much as they did in April. Investors can be prepared if he's right. When stocks slide, these are the sectors that do best. Investors have long viewed the utilities sector as a safe haven during turbulent markets. And for good reason. Utility stocks can typically count on steady revenue and cash flow regardless of what's happening in the stock market or the economy. Many of them enjoy monopolies in their areas of service.Continue reading
Is the worst over for the stock market? Maybe. However, significant uncertainty remains -- even with the U.S. Court of International Trade ordering a halt to many of President Donald Trump's tariffs. (The administration has appealed.)
The stock market may sink again. Billionaire hedge fund manager Steve Cohen even stated recently that stocks could decline nearly as much as they did in April. Investors can be prepared if he's right. When stocks slide, these are the sectors that do best.
Investors have long viewed the utilities sector as a safe haven during turbulent markets. And for good reason. Utility stocks can typically count on steady revenue and cash flow regardless of what's happening in the stock market or the economy. Many of them enjoy monopolies in their areas of service.
