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Utilities sector
#61
(03-13-2020, 10:44 AM)fenders53 Wrote:
(03-13-2020, 08:57 AM)EricL Wrote: For those interested in water utilities, Essential Utilities, Inc. (WTRG) is trading 30% off 52-week highs and yield 2.5%.

This is the old Aqua America (WTR) that changed its name when it completed the acquisition of natural gas distributor Peoples.

Thanks for the heads up Eric.  I sold most of my UTEs at the beginning of this pullback.  This is a good entry for WTRG.  If the market will go a little red today I'll jump back in.  I like the yield better this time.
They might go red Monday. Lol
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#62
(03-13-2020, 12:03 PM)vbin Wrote:
(03-13-2020, 10:44 AM)fenders53 Wrote:
(03-13-2020, 08:57 AM)EricL Wrote: For those interested in water utilities, Essential Utilities, Inc. (WTRG) is trading 30% off 52-week highs and yield 2.5%.

This is the old Aqua America (WTR) that changed its name when it completed the acquisition of natural gas distributor Peoples.

Thanks for the heads up Eric.  I sold most of my UTEs at the beginning of this pullback.  This is a good entry for WTRG.  If the market will go a little red today I'll jump back in.  I like the yield better this time.
They might go red Monday. Lol

Trying to long-term invest here Debbie Downer. Smile  I previously bought the stock way too high and saw the opportunity to roll it down a little when UTEs hung in there awhile.  WTRG has always been expensive.  IMO this is like getting MSFT for $120 in relative terms.  Dirt cheap, nope, great stock that's rarely on sale, yes it is.
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#63
FINALLY got done with my Top Ten article for Seeking Alpha last night, and it was published a short while ago.

Top Ten Utility Stocks For Dividend Growth & Income

Never in my life did I think I'd see utilities moving 10% up or down on a daily basis. It sure made doing a list like this a bit tougher this time around!

Enjoy!
My website: DGI For The DIY
Also on: Facebook - Twitter - Seeking Alpha
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#64
(03-20-2020, 11:53 AM)EricL Wrote: FINALLY got done with my Top Ten article for Seeking Alpha last night, and it was published a short while ago.

Top Ten Utility Stocks For Dividend Growth & Income

Never in my life did I think I'd see utilities moving 10% up or down on a daily basis. It sure made doing a list like this a bit tougher this time around!

Enjoy!

Haven't read the article yet but I sure will.  Excessive valuations turned the UTEs into a casino, but if you buy as low as you can they will be solid.  I have been trading them some but heading back to my safe place now.
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