Stocks From the Utilities Sector are Defying the Market Crash: These two Stocks are on the Verge of a Breakout.
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The stocks from the utilities sector have managed to escape the overall market weakness. Utility companies (e.g., for electricity, water, gas) provide essential services that are needed regardless of the economic situation. Utility companies often pay out high and reliable dividends. These two utility stocks are now targeting new highs. Chesapeake Utilities (CPK) is a diversified energy utility company. The company primarily operates in the distribution of natural gas and electricity and also offers unregulated energy services. Since 2019, the...
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