noun
- companies or investments that are not in the utilities sector (electricity, gas, water, telecommunications)
Usage: business; finance
Examples
- The portfolio manager decided to diversify into nonutilities to reduce sector concentration.
- Nonutilities showed stronger growth compared to traditional utility stocks.
- The fund’s allocation includes 70% nonutilities and 30% utility companies.
- Investors seeking higher returns often prefer nonutilities over stable utility stocks.
- The analyst recommended increasing exposure to nonutilities in the current market.
- Nonutilities typically offer more growth potential but with increased volatility.