As of Friday’s close, the S&P 500 was down roughly -17.5 percent from its late February high. That’s officially a correction, and the most dramatic decline since February/March of 2020.
Utilities and essential services stocks have fared somewhat better. Year to date, the Utilities SPDR ETF (XLU) has lost less than a percentage point. The three CUI Portfolios are well in the black, as are two-thirds of Utility Report Card companies—50 by a double-digit percentage.
There was an explosion of takeover activity in the Utility Report Card coverage universe today. Here’s a look at four deals announced today and what they mean for us.
Yesterday, I posted the May issue of Conrad’s Utility Investor, highlighting what’s important from Q1 results and guidance updates for 29 Portfolio recommendations. Since then, seven more of top picks have released results.
Roger's favorite utilities for investors seeking superior price appreciation by taking calculated risks.
Harness the tried and true wealth-building power of rising dividends.
Nothing compounds wealth like reinvesting a rising stream of dividends.
Warning: Falling Dividends.
Roger's current take and vital statistics on more than 200 essential-services stocks.