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To say utility stocks are less than interesting would be an understatement. Utilities are downright boring, trading almost like bonds because of their (usually) steady dividends. Growth – at least...
Yieldcos, which operate wind, solar and other power-generation facilities, spin off most of their steady earnings to shareholders.
Warren Buffett, chairman and CEO of Berkshire Hathaway (BRK.B), is renowned for his ability to find bargains, but with markets at record highs, cheap stocks are getting tougher and tougher to find.
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