01-20-2021, 12:31 PM
I tend to like the same UTEs Eric does. His list is good though I wouldn't add much NEE right now. (And I'll surely be wrong for saying that lol). I already own quite a lot of NEE.
I've been picking up the following UTEs, shares and/or selling puts.
XEL-AEP-WEC-DUK look good here. Most of them will very likely be good for a 10% pop when the market circles back around looking for a dividend. IMO UTEs are over-reacting to interest rate increases. I believe that will happen but rates are not going up nearly enough to make a UTE yield look unattractive. That would crush the economy and the market. There are a lot of UTEs that are not down. ALE is up 20% since I started yapping about it here. I have no clue why but I see no need to buy anything that isn't high quality AND on sale now. I am at risk of gong overweight UTEs and I am good with that here.
I've been picking up the following UTEs, shares and/or selling puts.
XEL-AEP-WEC-DUK look good here. Most of them will very likely be good for a 10% pop when the market circles back around looking for a dividend. IMO UTEs are over-reacting to interest rate increases. I believe that will happen but rates are not going up nearly enough to make a UTE yield look unattractive. That would crush the economy and the market. There are a lot of UTEs that are not down. ALE is up 20% since I started yapping about it here. I have no clue why but I see no need to buy anything that isn't high quality AND on sale now. I am at risk of gong overweight UTEs and I am good with that here.