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Posted by
Two Blokes Jun 7 -
Filed in
Stock
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7 views
UTG has adapted well to AI-driven power demand, shifting its portfolio and delivering strong returns, but now faces higher volatility and correlation with tech stocks. Utility stocks, once defensive, are now quasi-AI growth plays, benefiting from surging energy needs but also trading at elevated, sometimes bubble-like, valuations. Balancing these risks are relative valuations, which remains attractive. I maintain a hold rating on UTG.
