The current macroeconomic backdrop has weighed heavily on investor sentiments, leaving the stock market volatile. The utility sector, which provides gas, electricity, and water, is considered a good investment for those who want recession-proof stocks in their portfolio.
Against this backdrop, utility stocks Centrica plc (CPYYY) and Pampa Energía S.A. (PAM) look poised for strong growth in the upcoming months, owing to the reasons mentioned in the article.
