Goldman Sachs likes Utilities and has Buy ratings on SO, AEP, NEE, among others

seekingalpha05-30

Goldman Sachs remains bullish on the S&P 500 Utilities sector, indicating that it offers exposure to artificial intelligence and defensiveness. Utilities has been the third-best performing of the 11 ...

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Utilities has been the third-best performing of the 11 ...</p>\n\n<a href=\"https://seekingalpha.com/news/4111557-golfman-sachs-likes-utilities-and-has-buy-ratings-on-so-aep-nee-and-others\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Goldman Sachs likes Utilities and has Buy ratings on SO, AEP, NEE, among others</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGoldman Sachs likes Utilities and has Buy ratings on SO, AEP, NEE, among others\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-05-30 22:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4111557-golfman-sachs-likes-utilities-and-has-buy-ratings-on-so-aep-nee-and-others><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Goldman Sachs remains bullish on the S&P 500 Utilities sector, indicating that it offers exposure to artificial intelligence and defensiveness.  Utilities has been the third-best performing of the 11 ...</p>\n\n<a href=\"https://seekingalpha.com/news/4111557-golfman-sachs-likes-utilities-and-has-buy-ratings-on-so-aep-nee-and-others\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FR","symbol_name":"第一工业地产","start_time":0,"source_url":"https://seekingalpha.com/news/4111557-golfman-sachs-likes-utilities-and-has-buy-ratings-on-so-aep-nee-and-others","article_id":"2439162943","we_media_id":null,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/471188607/image_471188607.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2439162943","pubTimestamp":1717078168,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"Goldman Sachs remains bullish on the S&P 500 Utilities sector, indicating that it offers exposure to artificial intelligence and defensiveness.  Utilities has been the third-best performing of the 11 ","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"FR":"第一工业地产","LU0786609619.USD":"高盛全球千禧一代股票组合Acc","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","LU1267930490.SGD":"TEMPLETON GLOBAL EQUITY INCOME \"AS\" (SGD) INC A","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","LU0211327993.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (USD) ACC","LU2362541273.HKD":"WELLINGTON NEXT GENERATION GLOBAL EQUITY \"A\" (HKD) ACC","LU1668664300.SGD":"Blackrock World Financials A2 SGD-H","IE00BJTD4N35.SGD":"Neuberger Berman US Long Short Equity A1  Acc SGD-H","LU0289739343.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (SGD) ACC","LU1978683503.SGD":"Blackrock Sustainable Energy A2 SGD-H","LU0742534661.SGD":"Fidelity America A-SGD (hedged)","AEP":"美国电力","LU2362541513.USD":"WELLINGTON NEXT GENERATION GLOBAL EQUITY \"A\" (USD) ACC","BK4585":"ETF&股票定投概念","LU0211328371.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (MDIS) (USD)   INC","XLU":"公共事业指数ETF-SPDR","IE00B7SZLL34.SGD":"Legg Mason ClearBridge - Value A Acc SGD-H","PCG":"太平洋煤气电力","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","NEE":"新纪元能源","XEL":"埃克西尔能源","IE00B19Z3581.USD":"Legg Mason ClearBridge - Value A Acc USD","LU2637428348.USD":"NORDEA 1 GLOBAL SUSTAINABLE LISTED REAL ASSETS \"MP\" (USD) INC","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","FDN":"First Trust Dow Jones Internet I","LU0312595415.SGD":"Schroder ISF Global Climate Change Equity A Acc SGD","BK4081":"电力公用事业","LU1093756325.SGD":"FTIF - Franklin K2 Alt Strat Fd A (acc) SGD-H1","LU1162221912.USD":"FRANKLIN INCOME \"A\" (USD) ACC","SRE":"桑普拉能源","FUTY":"Fidelity MSCI Utilities Index ETF","BK4588":"碎股","BK4208":"复合型公用事业","IE00B19Z3B42.SGD":"Legg Mason ClearBridge - Value A Acc SGD","LU2362540622.SGD":"WELLINGTON NEXT GENERATION GLOBAL EQUITY \"A\" (SGDHDG) ACC","BK4561":"索罗斯持仓","LU0310799852.SGD":"FTIF - Templeton Global Equity Income A MDIS SGD","ES":"Eversource Energy","LU2264538146.SGD":"Fullerton Lux Funds - Global Absolute Alpha A Acc SGD","BK4581":"高盛持仓","SO":"美国南方公司","IDU":"iShares U.S. Utilities ETF","BK4504":"桥水持仓","VPU":"Vanguard Utilities ETF","IE00BMG7P819.SGD":"Legg Mason ClearBridge - Global Infrastructure Income A Mdis SGD-H Plus","LU0511384066.AUD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (AUDHDG) ACC","BK4127":"投资银行业与经纪业","BK4224":"工业房地产信托"},"translate_title":"高盛看好公用事业公司，并对SO、AEP、NEE等给予买入评级","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"XLU":1,"AEP":1,"IDU":1,"FUTY":1,"FR":1,"ES":1,"NEE":1,"SO":1,"SRE":1,"VPU":1,"XEL":1,"PCG":1,"FDN":0.9},"content_text":"Goldman Sachs remains bullish on the S&P 500 Utilities sector, indicating that it offers exposure to artificial intelligence and defensiveness.  Utilities has been the third-best performing of the 11 S&P sectors this year, delivering investors with returns of nearly 11% YTD. Its accompanying Utilities Select Sector SPDR Fund ETF (NYSEARCA:XLU) has done even better, advancing more than 11%. One of the primary drivers of the sector's recent outperformance is the growing perception that it has become an artificial intelligence (AI) play. With AI expected to drive a 160% increase in data center power demand by the end of this decade, utilities are expected to benefit in a big way.  “From a macro perspective, Utilities also offers defensive exposure at a time when equities are pricing roughly 3.5% real GDP growth,” Goldman Sachs said in an investor note on Wednesday. The financial firm went on to say, “Utilities expected earnings growth is only modestly above the historical realized earnings growth in the sector… Our equity analysts remain above consensus on 2026 EPS, suggesting potential for continued positive EPS revisions to consensus estimates.” Within the utility space, the dispersion of returns has been quite wide, with market participants mainly focusing on names that can benefit from near-term growth in power demand, according to Goldman Sachs. This dispersion creates a fertile stock picking opportunity base, and Goldman Sachs' equity analysts have placed buy ratings on eight names. The eight stocks Goldman Sachs has buy ratings on include: The Southern Company (NYSE:SO), American Electric Power Company (NASDAQ:AEP), Eversource Energy (ES), First Industrial Realty Trust (FR), NextEra Energy (NYSE:NEE), PG&E Corporation (PCG), Sempra (SRE), and Xcel Energy (XEL). For further information on the Utilities sector, highlighted below are some of Wall Street's most popular ETFs focused on the utilities space.  Utilities Select Sector SPDR Fund (XLU) Vanguard Utilities ETF (VPU) Fidelity MSCI Utilities Index ETF (FUTY) iShares U.S. Utilities ETF (IDU)","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2439162943"}