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3 Utility Stocks You'll Be Happy You Own in 2032

3 Utility Stocks You'll Be Happy You Own in 2032

Persistent inflation, rising interest rates, and a stumbling housing market are all worrisome indicators that we might have further to fall before we reach bottom. American States Water is primarily tasked with providing clean water and electricity to Southern California, which represents about 66% of its revenue, but it also has long-term contracts with the U.S. government to provide water to 11 military bases, which account for another quarter of total revenue.