On July 14-15, the US Energy Information Administration held its annual conference in Washington, D.C. Speakers ranged from government analysts and statisticians, politicians and regulators to high-level industry consultants and luminaries like author Daniel Yergin. My colleague Elliott Gue and I attended to uncover investment opportunities obscured by faulty conventional wisdom. Here's our take.
It’s hard to believe that the conventional wisdom at the start of the year was that utilities were in a death spiral—and that rising interest rates and lost sales to solar would ensure they were among 2014’s worst performers. But a dozen Conrad’s Utility Investor Portfolio stocks have hit new 52-week highs this month. And most of the other holdings are no more than a couple of good trading days from following suit.
A growing, capital-intensive business must regularly be fed with sales of debt and equity. Investors almost invariably fear such offerings as either dilutive or incurring more debt. But the lowest corporate borrowing rates in a generation have enabled companies to cut interest expenses with new debt offerings, eliminating their near-term exposure to rising rates. This week, we look at six Conrad's Utility Investor Portfolio holdings that have had recent offerings.
Here's my take on what the CUI Portfolio and Utility Report Card MLPs had to say at the National Association of Publicly Traded Partnerships' MLP Investor Conference last week.
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.