Value, growth at reasonable price, small-cap, long-term horizon

Northwest Natural Gas: Near 5 Year Low, Healthy Dividend And Catalysts Make Utility Noteworthy

A Small and Hardy Utility

Utilities often provide investors with both a margin of safety and the chance to build income over time through stable, predictable dividend increases. For investors concerned with achieving a growing stream of income - utilities are often very popular. However, in the current economic environment where investors are receiving low, no or even negative total returns by investing in government treasuries - there is a risk of the asset class becoming "too popular."

As many investors have invested in common shares in utilities as a proxy for a "super safe" investment, the increased demand for the asset both drives up the price and drives down yields - making conventional wisdom increasingly suspect and thus increasing...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details