Utility stocks are generally used as defensive positions,
We think the consolidations are consequence of increasing competition, ... We think the deals are going to get bigger. We have about 100 utility companies nationwide and some people feel that's about 75 to 80 too many.
We think the consolidations are consequence of increasing competition. We think the deals are going to get bigger. We have about 100 utility companies nationwide and some people feel that's about 75 to 80 too many.