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The Electric Utility opportunity

Before the U.K. voted to leave the EU, investors bought Electric Utilities and when markets collapsed right after the vote investors continued to buy Utilities. Companies that produce electricity have never been so popular. Buyers love the sector for its 3.3% dividend yield and for its terrific recent performance. The sector is up more than 10% YTD, making it the second-best sector in the market. Enel SpA is a multinational power company with a special focus on Europe and Latin America. The com...

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