4 Low-Beta Utility Stocks to Bank on as Consumer Sentiment Sinks

Key Takeaways Consumer sentiment stayed low in October amid inflation, labor, and shutdown worries.Investors are turning to low-beta utility stocks for stability and dividend income.ATO, CNP, CWCO, and NWN show earnings growth and improved consensus estimates.U.S. consumer sentiment was little changed in October compared to last month’s reading, as consumers braced for some positive developments and tried to see past the ongoing government shutdown. However, concerns about the labor market and high inflatio ...