Utility stocks

Nukes in Distress: How CMS Energy Became a Bargain

Book: Beating the Street by Peter Lynch with John Rothchild | ISBN: 978-0-671-75915-5

Utility stocks were the great growth stocks of the 1950s. By the time Lynch wrote this book, they’d become income plays. You bought them for the dividend, not the excitement. But Lynch made his best utility gains not from the steady ones. He made them from the troubled ones.

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