If I wasn't clear, you absolutely could make a buck trading PCG. Some are already up 50% off the low. 2020 has proven stocks with big issues usually bounce off the bottom. It's my impression that's Eric's list are quality UTEs you could buy and hold for a generally consistently growing dividend, and a decent cap gain if you are even a little bit prudent with your purchase prices. Many on his list do business in regions with reasonable regulatory environments. That really does matter long term. A utility fighting too hard to get fair rate adjustments can languish for years.
Eric, if you get a chance please give ALE a glance as I trust your judgement. Not suggesting you add it to your watch list. It was one of my first buy by mail DRP stocks when it was Minnesota Power and Light. I still keep 100 shares around. I can usually add some income dinking around selling and buying a covered put or call. ALE is way off it's high and trading under historical PE. They have considerable exposure to the iron range BIZ in northern MN. It's about 30% of revenues so they are more cyclical than some UTEs. Currently have a smallish water biz and going greener each year. It's not XEL or DUK for sure, but doesn't seem overly risky on the downside now.
Eric, if you get a chance please give ALE a glance as I trust your judgement. Not suggesting you add it to your watch list. It was one of my first buy by mail DRP stocks when it was Minnesota Power and Light. I still keep 100 shares around. I can usually add some income dinking around selling and buying a covered put or call. ALE is way off it's high and trading under historical PE. They have considerable exposure to the iron range BIZ in northern MN. It's about 30% of revenues so they are more cyclical than some UTEs. Currently have a smallish water biz and going greener each year. It's not XEL or DUK for sure, but doesn't seem overly risky on the downside now.