Cleaner forms of energy production are anticipated to fuel utility capital expenditures in the upcoming years. Furthermore, the demand for utilities typically remains strong even in the face of changes in the economic landscape.
Considering this, it could be wise to investments in fundamentally sound utility stocks Veolia Environnement SA (VEOEY), TransAlta Corporation (TAC) and Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (EDN), which are currently trading at a discount. Let’s understand this in detail.
