Utility stocks: They're steady, they're dependable, they deliver income. That's the case with most of these top 2021 picks ... but a couple break the mold.
Utility stocks aren't exactly the most glamorous
energy-related investment on Wall Street.
If you want dynamic energy stocks, solar energy and hydrogen
fuel cell picks offer a ton more growth potential. Or if you want deep value
investments, struggling Big Oil giants that are trading at a fraction of their
value from a few years ago could be aggressive plays that pay off.
But utilities do offer one thing few other energy-related
stocks can offer: unrivaled stability. After all, electricity is as much a
necessity as food and water for the typical household in the 21st century.
Furthermore, the highly regulated nature of the sector and lack of competition
in most geographies adds a layer of predictability that you simply won't find
in disruptive industries such as Big Oil or alternative energy.
Here are nine of the best utility stocks for 2021 if you're
seeking stability and generous dividends to provide a stable backbone for your
portfolio. While they probably will never make you a millionaire overnight,
they are far less aggressive and will allow you to sleep soundly regardless of
Wall Street volatility in the New Year.
Comments
Post a Comment