Thereās seems to be an uptick in the chatter around utility plays lately so here is at least in part one reason for the most recent decline. I look under the hood of the holdings inside UTES which has many similar companies to UMAX to get the full Story. https://youtu.be/BNwZ5qKTYqY?si=xkwSpbIbVJFkY0ZN
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11 Comments
yield @yield Ā· 5dEdited
Good time to buy for sure. Iām accumulating. When UTES is at all time high, people regret not buying when itās cheaper in Apr/May 2025. Now they donāt wanna buy.. š
Blair @tackaberry17 Ā· 5d
Typically they act as bond proxies & with rising rates, money is moving to follow the higher bond rates.
Mohamed Ahad@ernest1360 Ā· 5d
Bought 950 shares so far this month. Will add a few hundred more if it goes lower.
Brettts @brettts Ā· 5d
Utes is one of my largest holdings.. š thanks
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