The Southern Company (SO), Duke Energy Corp (DUK), Consolidated Edison, Inc. (ED): Will Higher Interest Rates Doom Utilities?

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At the same time, higher interest rates will serve as an undeniable headwind. And, the inherent slow-growing nature of utilities means the potential for greater capital gains looks to be limited going forward.

If you’re an investor who craves income, utilities will continue to provide just that. Most others, though, should look elsewhere for better opportunities.

The article Will Higher Interest Rates Doom Utilities? originally appeared on Fool.com and is written by Robert Ciura.

Robert Ciura has no position in any stocks mentioned. The Motley Fool recommends Southern Company.

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