Looked into these and I like:
VWDRY
NEE
EQM
These look sustainable with great growth potential. Let me know what you think.
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I'll check them out. I am in NEE and several others here are as well. I like my utility companies to be making a move towards the future. The clean stocks can be tricky due to politics (i.e. dependence on subsidies). The wild swings in crude can cause extreme stress on a clean energy balance sheets. Entry point is often everything. Take a look at a 20 year chart for VWDRY. You could have a ten bagger lately, or much earlier on it would have been a a 95%+ loss and wait 15yrs to get half your capital back. Same story with a number of wind and solar startups. Step one for me is trying to figure out who will even survive the first 5-10 years as the tech evolves beyond the experimental stage.
Consider BEP as well. All Hydro, Wind, Solar assets spread across North and South America (primarily USA, Canada, Colombia, and Brazil). Limited Partnership, so issues K-1s (but TurboTax Premier has never had an issue with it). 9 years of dividend growth history, averaging 6.4% annual growth over the past five years, and 7% current yield. Next raise should be announced soon, before the March 31 distribution payment.
Thank you. I will look into that one
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(01-08-2019, 06:22 AM)fenders53 Wrote: [ -> ]I'll check them out. I am in NEE and several others here are as well. I like my utility companies to be making a move towards the future. The clean stocks can be tricky due to politics (i.e. dependence on subsidies). The wild swings in crude can cause extreme stress on a clean energy balance sheets. Entry point is often everything. Take a look at a 20 year chart for VWDRY. You could have a ten bagger lately, or much earlier on it would have been a a 95%+ loss and wait 15yrs to get half your capital back. Same story with a number of wind and solar startups. Step one for me is trying to figure out who will even survive the first 5-10 years as the tech evolves beyond the experimental stage.
Thank you
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