Emera Inc

EMA: XTSE (CAN)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
CAD 93.00XcpcfRmbfphl

Utilities Finally Feel Heat From Rising Interest Rates; Sector Cheapest Since 2009

We are reaffirming our fair value estimates and economic moat ratings for all U.S. utilities after the sector fell nearly 5% on Monday. We think the sector's 11% drop since last week offers a rare opportunity for investors to buy high-quality utilities at very attractive prices.

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