On an absolute basis, financials, energy and
utility stocks appear the cheapest based on the price - to - book (P / B) ratio.
Not exact matches
From our perspective,
stocks in less cyclical sectors, such as
utilities and consumer staples, generally offered much less value and
appeared to be trading at steep valuations.
Unfortunately, many of those favorable trends
appear likely to reverse in 2015, which could hurt performance for
utility stocks this year.
Assembling an ETF portfolio seems to be a real bloody joke — just jam in any
stock that
appears even vaguely related to the investment theme... For water ETFs, that boils down to
utilities, particularly when you note their larger market caps.
Third, there are the public
utility stocks that
appear to be the best candidate as the actual trigger of the crash.
Furthermore, the
stock appears to be quite expensive right now (as a lot of
utilities are).
Having lost its partner on the project (Foster - Wheeler, which was delisted from the New York
Stock Exchange), it
appears that Colorado Springs
Utilities has abandoned its 150 MW Ray D. Nixon Power Plant proposal.