• Twitter
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Menu

Executive Summary

Conrad’s Utility Investor at 10 Years: Quality Still King

By Roger S. Conrad on Jul. 10, 2023

The Dow Jones Utility Average finished 2022 more than 20 percentage points ahead of the S&P 500. So far this year, however, utilities are lagging by roughly the same amount.

The S&P 500’s gains are thanks to the continuing surge in big technology stocks, which led by Apple Inc (NSDQ: AAPL) at 7.673 percent are a record 37 percent of the benchmark index. Meanwhile, the DJUA at -4 percent year to date is tracking weakness in dividend paying stocks—as well as sectors considered “cyclical” and vulnerable to Federal Reserve rate increases and still-elevated recession risk.

What we haven’t seen is any real business weakness for utilities. In fact, aside from a handful of competition-hit telecoms, there’s little showing up anywhere among the 174 companies tracked in the Utility Report Card, as my quarterly review of Quality Grades demonstrates.

Conrad's Utility Investor

Invest Smarter! Join Conrad’s Utility Investor!

What sets renowned income-investing expert Roger Conrad apart from the pretenders? His more than two decades of covering utility stocks and essential services—a wealth of knowledge and experience that you can’t find anywhere else.   

Smart investing. Taking advantage of real opportunities and not fads (and knowing the difference). Finding the companies and stocks that will deliver for the long haul, so investing lets you live instead of investing turning into your life. Roger Conrad has dedicated his career to these principles—and that’s what Conrad's Utility Investor delivers.

Subscribe today for instant access to a treasure trove of investment insight and knowledge, as well as Roger’s exclusive model Portfolios and ratings of more than 200 essential services.

MODEL PORTFOLIOS & RATINGS

ABOUT ROGER CONRAD

Roger S. Conrad

Founder and Chief Editor:
Conrad's Utility Investor
Capitalist Times and
Energy & Income Advisor

Roger S. Conrad needs no introduction to individual and professional investors, many of whom have profited from his decades of experience uncovering the best dividend-paying stocks for accumulating sustainable wealth. Roger b

READ MORE
Conrad's Utility Investor BACK TO TOP
Content
About
Portfolios
Customer Center
Investing Topics

DISCLAIMER: Capitalist Times, LLC is a publisher of financial news and opinions and NOT a securities broker/dealer or an investment advisor. You are responsible for your own investment decisions. All information contained in our newsletters or on our website(s) should be independently verified with the companies mentioned, and readers should always conduct their own research and due diligence and consider obtaining professional advice before making any investment decision. As a condition to accessing Capitalist Times materials and websites, you agree to our Terms and Conditions of Use, available here including without limitation all disclaimers of warranties and limitations on liability contained therein. Owners, employees and writers may hold positions in the securities that are discussed in our newsletters or on our website. © Copyright 2024 Capitalist Times, LLC. All rights reserved.