The stock market’s tortoises just got hare-y.
Electric-utility stocks have long been considered the ultimate in stodgy, slow-but-steady investments—appealing strongly to people who value income and long-term safety above growth and quick gains.
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This article was originally published on The Wall Street Journal.
Further reading
Benjamin Graham, The Intelligent Investor
Jason Zweig, The Devil’s Financial Dictionary
Jason Zweig, Your Money and Your Brain
Jason Zweig, The Little Book of Safe Money