Political parties are usually well down the list of reasons for bull and bear markets. But elections do have consequences, particularly in heavily regulated industries like utilities and energy. Relatively early in my career, the Republican sweep of 1994 elections turned electricity deregulation from existential threat into a growth engine for the industry. And when it all crashed down in the following decade, a similar wave on the state level forged a new regulatory compact to repair balance sheets and restore prosperity. More recently, President Biden signed two extremely bullish pieces of legislation for the power sector. I highlighted opportunities from the Infrastructure and Jobs Act of 2021 in the August 2021 issue, and the considerably larger Inflation Reduction Act of 2022 in this year’s August issue.
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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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Roger's current take and vital statistics on more than 200 essential-services stocks.