Zitat:
Saut, chief investment strategist at Capital Wealth Planning, said on CNBC’s “Trading Nation” on Friday. “I’ve been in this business for forty-nine years. I’ve been looking at markets for fifty-six years… and utilities are as richly valued as I’ve ever seen them.”
The XLU utilities ETF, which tracks the S&P 500 sector, trades at 21 times forward earnings -- it hit its highest valuation ever earlier this month. The sector is the second-best performer on the S&P 500 this year.
|
Quelle:
This is the no. 1 S&P 500 sector to avoid here, market bull Jeff Saut says
PUBLISHED SUN, FEB 16 20205:01 PM EST
Keris Lahiff @KERISALISON
https://www.cnbc.com/2020/02/14/util...bull-says.html