12-11-2019, 03:45 AM
(12-11-2019, 12:53 AM)crimsonghost747 Wrote: yeah it has been a great performer. I did most of my buying in the low to mid 30's range. Unfortunately it's not going to get anywhere near that anytime soon, quite possibly never. I don't really like to buy it at these levels, I think I've made one small purchase of WTR in the past year or so just to make sure it stays one of my bigger holdings.
The price might be way too high but it's not like you can grab a water utility with a decent price these days. They are all too expensive.
I agree. Seems you are going to pay for the safety of a water utility. Our regulated power companies are getting more like that over here. You don't get safety and a high yield in a sub 12 PE stock anymore. You usually get a company with too many fleas.
And this supports the DRIP debate. Forcing yourself to add a few shares along the way to your winners.