During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
As of Nov. 27, 2023, five stocks in the utilities sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
Companies Reporting Before The Bell
• BBVA (NYSE:BBVA) is likely to report earnings for its third quarter.
• BP (NYSE:BP) is expected to report quarterly earnings at $1.37 per share on revenue of $57.71 billion.