Purves Says Utility Stocks Could Rise Another 15-20%

The video discusses the importance of portfolio durability and the role of different sectors, particularly utilities, in risk mitigation. It highlights the underperformance of utilities during recent market volatility compared to their historical role as a defensive sector. The discussion also covers the overextended valuation of utilities earlier in the year and their current stable valuation. The speaker suggests that utilities may still perform well despite a range-bound equity market, drawing parallels to investment-grade paper trends.

What is one of the key benefits of attending classes mentioned in the video?

• To understand global market trends

• To learn about new investment opportunities

• To increase the durability of your portfolio

• To network with other investors

How did utilities perform during the recent market volatility compared to their historical performance?

• They showed unprecedented growth

• They performed poorly, almost as bad as the market

• They performed as expected, providing good defense

• They outperformed the market significantly

What was the role of utilities during the 2008 financial crisis?

• They led the market recovery

• They underperformed the market

• They had no significant impact

• They played a good defensive role

What is the current state of utilities' valuation according to the video?

• It has reset to a more stable level

• It is overextended

• It is at an all-time high

• It is unstable

What is the potential future performance of utilities in a post-Corona economy?

• They are expected to decline significantly

• They might trade reasonably well even if the broader market is lower

• They are expected to remain stagnant

• They will likely outperform all other sectors