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Buying utilities has been expensive in recent years, and now it's probably not. With the spike in long-term interest rates, the industry has been hammered and is in one of its worst bear markets in decades. The sector has gone from 20% overvalued to 20% undervalued, which offers a  potential opportunity for buying utilities.
Let's dive into the companies that could lead or be impacted by this trend without further ado!
Question:
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This Friday, JP Morgan, Citigroup, and Wells Fargo will release their financial reports, kicking off the third quarterly reports of the banking industry.
In the previous 2Q reports, major banks announced better results than regional banks, with net interest income exceeding expectations, but the market response remained mediocre. In the third quarter, some bank indicators improved slightly, but higher int...

Spoiler: At the end of this post, there is a chance for you to win points! Happy Friday, mooers! Welcome back to Weekly Buzz, where we review the news, performance, and community sentiment of the selected buzzing stocks on moomoo platform based on search and message volumes of this week! (Nano caps are excluded.)
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💡Buzzing Stocks List & Mooers Comments
This week, the market took a beating as labor macroeconomic data show...