As the war in Iran rages on, investors continue to look for safe havens beyond the oil and gas industry. Precious metals are typically a popular haven, but gold and silver are still in a drawdown following their unprecedented winter run-up. Bonds are another typical hiding spot, but rates have started rising again, which means prices are dropping. That leaves low-beta sectors like utilities, which often offer steady revenue streams and generous dividend yields. And that’s exactly where we’ll be looking for bargains today—the utility sector.
