Consumer Sentiment Dips After 6 Months: Bet on 4 Low-Beta Utility Stocks

Donald Trump’s first week in the White House sent stocks on a rally after making a shaky start to the New Year. However, concerns over the economy continue to cloud investors’ sentiment related to high inflation and uncertainty over the Federal Reserve’s future rate cut plans. This saw consumer sentiment decline in January, the first time in six months.Given the ongoing uncertainty, it would be safe to invest in utility stocks, which are considered defensive, such as American Water Works Company, Inc. (AWK) ...