volatility: Volatility ahead, time to look at boring utility stocks? 4 stocks from the natural gas sector with an upside potential of upto 26%

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Synopsis

Gas stocks have been underperforming the market for a while. Several factors contribute to this, including stagnant volume growth, companies struggling to expand into new areas, and the latest challenge from electric vehicles (EVs). An announcement about aggressively promoting EVs in Delhi bought additional pressure on stocks like IGL. While EVs are expected to dominate in the future, does this spell the end for gas companies? Probably not. There are still many other uses for gas, and the negative narrative might be overstated. Additionally, these companies have strong cash reserves and cash flows from their existing businesses, which they can use to explore new opportunities within the EV ecosystem. Also at time when volatile market conditions, these stocks tend to weather the storm better.

It might sound strange to some but there is enough evidence to show that when bulls are in control of the market, some sectors get ignored. Yes, sectors which can be considered boring where bulls feel that growth in business will not be very high. So there have been periods when sectors like FMCG, utilities have underperformed. There are some sectors also which don't get that kind of attention when bulls are controlling the street, the recent

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