TSC Ratings provides exclusive stock, ETF and mutual fund ratings and commentary based on award-winning, proprietary tools. Its "safety first" approach to investing aims to reduce risk while seeking solid outperformance on a total return basis.
Utility funds that bubbled to the top of the performance list this week focus on companies that provide infrastructure to cities around the world. The deepest well of support came from PowerShares Global Water Portfolio (PIO Quote), up 4.5% for the five trading days ending Thursday, May 21.
Itron (ITRI Quote), one of the fund's holdings, spiked 22% after Chief Executive Officer Malcolm Unsworth met with Energy Secretary Sten Chu and Commerce Secretary Gary Locke to discuss standards for smart-grid electric meters. Simply put, Itron is North America's leader in advanced meters for electric, gas and water, and made sure its meters qualified under standards set for available stimulus-fund projects of the Department of Energy. ...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
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UP
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21.21
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