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3Mar, 2023

Ep. 194— Reaves’ CEO Rhame: Despite high-rate, high-inflation market, utilities are worth a look

By |March 3rd, 2023|Podcast|

Jay Rhame, chief executive officer at Reaves Asset Management -- president of the Reaves Utility Income Fund -- says that the dividend-growth potential for utility companies makes them a viable investment option in today's high interest-rate high inflation market. While those conditions typically are not ideal for utilities, Rhame says utility stocks are reasonably valued...

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