April’s Best Bet: Utility Stocks Set to Outperform Tech – Expert Analysis and Forecast
New York, NY – As we approach April, experts suggest that it may be the best month of the year for utilities. Utility stocks have outperformed tech stocks in March, with the S&P 500 showing a 3.2% increase compared to 2.8%. Looking back over the past 20 years, April has consistently been a strong month for utility stocks, according to Jonathan Krinsky, chief market technician at BTIG. Despite rising interest rates, utilities have been performing …