Betting On Boring Brings Stock Outperformance In 2014
Largely ignored during much of last year’s 30 percent rally in the Standard & Poor’s 500 Index, the stocks leading the U.S. market this year rank among its usually sleepiest components. The best sector in 2014 is utilities, including Consolidated Edison. They’re up 14.5 percent on a total return basis this year, compared with 6.4 percent for the S&P 500 as a whole.
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