This fall, utility stocks faced their worst selling pressure in years. That’s now eased up for one major reason: The much predicted and feared sector-wide earnings Armageddon never happened. Rather, Q3 results and guidance show plainly that companies are adapting successfully to everything from rising labor costs and pressure on customers’ finances to the likelihood of higher for longer interest rates. Utilities’ resilience obviously surprised most of Wall Street. Just before NextEra Energy (NYSE: NEE) kicked off earnings reporting in late October, a prominent research house asked the question many had already answered for themselves in the affirmative: “Will Rates Dethrone Rate Base Growth?”
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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.
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Warning: Falling Dividends.
Roger's current take and vital statistics on more than 200 essential-services stocks.