Weakness in Exelon and other names with exposure to the wholesale power market meant that the Dow Jones Utilities Average didn’t surpass its early 2008 high for several years.
Nevertheless, the majority of utilities and other dividend-paying equities had rallied to higher levels within a year of the stock market’s March 2009 bottom.
Over the long haul, healthy underlying businesses that generate reliable cash flow to sustain and grow dividends separate the wealth builders from the pretenders.
Investors should regard the market’s recent selloff as an opportunity to establish or add to positions in our favorites. Remember this advice if the market gets even wilder and woollier this October.
Invest Smarter! Join Conrad’s Utility Investor!
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.
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.