RE:RE:Deeply oversoldAnyone arguing rising rates are a fundamental reason for the price drop are not looking to the past year.
A year ago rates were higher as was the share price. While the change in the rates is cause for less enthusiasm over utilities, I think year over year comparisons show that this stock should be trading much higher.
However, I have learned a long time ago, that as smart as I think I am, or perceptive, the quickest way to go broke is the fight the market.
Wait until it turns then buy in. Better to lose a few "opportunity" dollars, than to catch the proverbial falling knife.