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What is tech utilities1/6/2023 The movement towards "clean" energy, along with competition-enhancing legislation, initiatives, and investments in renewable energy resources, has some analysts forecasting strong growth for the utilities industry in the 2020s.The utility sector tends to do well as a defensive play against macroeconomic downturns.Typically, investors buy utilities as long-term holdings for their dividend income and stability.Utilities earn a profit but are a public service and, as a result, have substantial regulation. The utility sector is a category of company stocks that provide basic services including electricity, natural gas, and water.
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