#utility-stocks

#utility-stocks

Utility stocks are the ultimate safe haven if you're looking to dodge the impact of tariffs. Any new tariff announcement will cause the stock market to react badly. But each tariff shock could disproportionately benefit utility stocks since investors will be rushing in to add ballast to their portfolios.

"Utilities continue to grow their dividends at an impressive rate," said Morningstar energy and utility analysts Travis Miller and Andrew Bischof. "Nearly all utilities have already announced dividend increases for 2025 or are on track to announce increases in the near future."

GE Vernova, newly spun off from General Electric, has tripled in value since its April debut, reflecting strong market support but necessitating careful investor consideration.