If these "greedy utility companies" were such good monopolists or duopolists wouldn't it reflect in some pretty insane stock performance?
Eversource (NYSE: ES) is my local electric/natural gas provider in Massachusetts that I hear these same arguments about. Their stock is down 21% over the past 5 years. (To contrast, the S&P500 is up 91% over this same timeframe).)
Eversource (NYSE: ES) is my local electric/natural gas provider in Massachusetts that I hear these same arguments about. Their stock is down 21% over the past 5 years. (To contrast, the S&P500 is up 91% over this same timeframe).)