With 90 percent of the companies in our Utility Report Card having reported quarterly results, five times as many names increased their earnings guidance than those that revised their outlook lower.
Our favorite utilities have continued to deliver the goods and look well-positioned to weather any storms, thanks to their limited operational risk, supportive regulators, low costs of capital and exposure to various growth drivers.
Despite solid third-quarter results from most utilities, the Dow Jones Utilities Average has given up 3.6 percent of its value in the fourth quarter—usually a period of seasonal strength.
Some of this weakness reflects expectations that the Federal Reserve will raise interest rates, eroding the value of utilities’ dividends. Never mind that the Dow Jones Utilities Average outperformed during the Fed’s last tightening cycle or that normalizing monetary policy will occur gradually.
With technical indicators suggesting that US equities could slip into a bear market next year, we’ve taken profits on a few big winners and will stick to our tried-and-true strategy of buying high-quality names when they trade at favorable valuations.
Here's our take on the first three Model Portfolio holdings to report third-quarter results.
The risk of the S&P 500 suffering a significant correction at some point in the first half of 2016 remains elevated. Here's an update on dream buy prices for our favorite stocks.
We briefly recap our key takeaways from earnings season and review results from the final three of our Portfolio holdings to report results.
Second-quarter earnings season is in full swing. Here's how our Portfolio holdings have fared.
We highlight some of the key investment themes that stood out after three days of presentations and talking to management teams at the Edison Electric Institute's annual financial conference.
After the first day of presentations and meetings at the Edison Electric Conference's 50th Annual Financial Conference, one theme stands out: increasing adoption of solar power doesn't sound the death knell for regulated electric utilities. In fact, this would-be disruptor creates a huge growth opportunity for incumbent power producers.
Investor sentiment toward yieldcos has soured considerably since midyear. Here's why.
Investors should take advantage of market volatility and fears of rising interest rates to establish or add to positions in high-quality utility stocks.
For much of the year, we've warned that deteriorating technical indicators had elevated the risk of a correction in the S&P 500. Here's our updated outlook following today's market action.
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.