Friday, November 8, 2019

Recent buy: WEC, NEE, XEL

At last, the utility companies are pulling back. I will keep adding on the drops and plan to just average myself in as I want more utility exposure. If they can get over 3% yield that is most ideal. Here are the additions today. The top 3 utilities I like to eye are NEE as Number 1, and then XEL and WEC are my favorites behind NEE. NEE has grown to be in the top 5 list of positions in my portfolio mainly by its own effort. It has a very impressive earnings and dividend growth history spanning decades.

NEE: $221
XEL: $480
WEC: $263

Trades are free for me really so low dollar value trades are not an issue. $964 was invested.


  1. Young -

    Nice job consistently adding to your portfolio. Keep it up!


  2. I like your plan to own more utilities. This is what I want to see in my portfolio as well. Recently I have started a position in NEE and XEL. Both have a decent exposure to renewable energy which is linked to higher growth potential. Beyond these two names, I also own D and DUK. I also monitor WEC and SRE. SRE's yield is getting closer to 3%

    1. Thanks for sharing. I tend to avoid investing in California utilities as I have lived in San Diego, Los Angeles, and the Bay area. Huge fires are regular occurrences from downed power lines or whatever random source.

      Unfortunate for PCG, their situation has destroyed a lot of shareholder value.

    2. Interesting.
      I didn't have that point on my radar. Thanks for sharing your insight.