033 - Tim's 6 Favorite Utility Stocks And Why 100s Of Others Didn't Make The Cut

Don't make the mistake of passing up on Utility stocks. Utilities aren't flashy but they're essential and more secure than most other sectors, which makes them a great portfolio hedge during recessions. It may look like Utilities have smaller dividend yields, but they increase their dividends year after year. That means the longer you hold them the higher your actual yield becomes. Slow and steady is usually considered boring, but that's how you win the game of investing.What Tim looks for when he's combing Utility stocksYieldP/E vs industryProfit margin 5 year dividend growthRevenue growthPayout ratio The tickers we discussed in this episodeNEE (electric) and NEP (renewable energy) BIP (electrical and natural gas) and BEP *** BIP is currently overvalued and BEP has a negative P/E. These are better Watchlist candidates then buys right now. UGI - natural gasVZ - telecom but considered a utility stockPBR oil and gasBKH electricA few other mentionsDUKNFG Drop your comments or questions for this episode on one of our posts.  FacebookYouTubeBlog If you're looking for a more detailed summary of this episode, click here.We're trying to grow. Help us reach others who want to learn to invest with confidence. Spread the word and leave a review to help us rank in search. We appreciate your support!   Questions? Email Tim at [email protected] Want FREE weekly market updates, Tim's top 10 dividend picks, and our portfolio updates delivered right to your inbox? Subscribe to our email list. Stay connected. Follow us on social! **DISCLAIMER**Ticker metrics change as markets and companies change, so always do your own research. The content in this podcast is based on personal experience and is for educational purposes, not financial advice. See full disclaimer here. Episode music was created using Loudly.