Roger Conrad has advised income investors since the 1980s and is nationally recognized for his expertise in utilities, telecommunications, and energy. He is managing partner at Capitalist Times and author of Power Hungry. Mr. Conrad also serves as an independent director of the NYSE-listed Miller/Howard high-income equity fund and is a contributing editor to Forbes.com.
Utility stocks were leaders in first half 2026, following historic gains in 2024-25. Now they’re laggards, as interest rate spike, wildfires burn out of control the AI bubble shows signs of busting. But the once a generation catalysts for big gains and dividend growth are strong as ever. Here’s how to cash in on this last best chance to buy low.