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Utilities suffered through 2022 because of high debt and high interest rates. Big projects coming online, would help the stock if those can get done on time. Ran up on expectations of renewables taking over fossil fuels, but these things take a long time to work out. Plus, heavily weighted to debt, same as all utilities. One of the major players in clean energy. Stock will move sideways for a while until clarity about interest rates. Good opportunity to buy. Utilities can be defensive in a slowing economy. Nice yield of 5.1%.
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