Electrical Stocks Getting Pounded as Most Sit Well Below Overall Market Averages By:Andrew Burton / Getty Images News

Electrical Stocks Getting Pounded as Most Sit Well Below Overall Market Averages

It’s been quite a while since so many electrical stocks lagged the Dow Jones, S&P 500 and NASDAQ Indices, which themselves are now mostly in negative territory.

One word sums up the stock charts of some of the most respected publicly owned distributors and electrical manufacturers  – Brutal, with a capital “B.”

Distributors like WESCO Distribution, Fastenal and W.W. Grainger that for most of the past few years had pretty-as-a-picture stock charts and were on all sorts of “Buy” lists today are down double-digits and are struggling to keep up with the major stock averages. The song is pretty much the same for many publicly held electric

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