bindlepete

Time to Move Back into Defensive Stocks Like Utilities?

I see utilities as a good defensive play but their dividends will surely lag the inflation figures. Truth is that the large central generating utilities should go out of business with their megga coal plants of moderate efficiency. The size= efficiency equation is history and a larger number of smaller local plants would encourage co-generation as well as get rid of the expensive, inefficient and fault prone transmission lines.

It would do great damage to the insurance co's , of course, who hold the paper on these antique generators but Hey, what's another bail out. The printing presses are now warmed up.

Non the less the utilities are a reasonable defense for the investor in US securities.

Electric Utilities: Now a Screaming Buy?

Lot of good fresh meat out there. Who else has guaranteed earnings and steady dividends?