3 Great Utility Stocks to Buy for Steady Stream of Income

The Zacks Utilities sector is made up of companies that provide basic amenities like water, sewage services, electricity and natural gas. Since utility companies have a consistent source of income and their operations are not impacted by fluctuations in the economy, it is seen as a defensive, secular industry. Utilities benefit from various favorable factors, such as low variation for demand and services, new electric rates, customer additions, cost management and the implementation of energy-efficiency pro ...