No one who buys a utility stock expects to earn a big capital gain. As of the close on May 17, the S&P/TSX Capped Utilities Index was up 17.44 per cent so far in 2019. But then stocks suddenly took a deep dive in December, almost ending in bear market territory. None of that news stopped the slow but steady rise in the Capped Utilities Index. There are 16 stocks in the Index and most have posted double-digit gains so far this year.

Source: thestar May 26, 2019 23:01 UTC