Sempra (SRE, Financial) was highlighted in the Franklin Utilities Fund Q2 2024 commentary for its strategic investments in energy infrastructure and reliability. The company's focus on sustainable energy solutions and infrastructure development aligns with the fund's emphasis on capital appreciation and current income through utility investments.
"Utilities remain sensitive to long-term interest rates. Easing monetary policy during 2024 can help the performance of utility stocks, in our view." — Franklin Utilities Fund, Q2 2024 Fund Letter
Read full letter at gurufocus franklin utilities fund q2 2024 commentary 2024 Q2 page.