Already hard-hit areas of the Carolinas braced today for flooding from an unprecedented second major storm this season. Residents of Florida’s Gulf Coast worked to dig themselves out from possibly the worst weather event ever to hit their region. And large swaths of southern Alabama and Georgia remain without electricity, as Hurricane Michael continues to wreak its havoc on the southeastern US.
Two record storms hitting the same region in the same year have at least to date been a thankfully rare occurrence. Unfortunately, evidence is now overwhelming that this is the new normal. And it means utilities’ storm responses are going to be in the spotlight more than ever.
That’s not just for getting the lights back on in battered communities. Companies will also face growing calls for hardening systems against future natural disasters, in an era where prolonged electricity outages are less tolerable than ever.
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.