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Recession-Buster Stock: Utilities SPDR (XLU:AMEX)

"Even though the economy is slowing, we still need electricity. In fact, we need more than ever. That’s why so many power companies are expanding their services at a record pace and the federal government is allowing one Alaskan company to effectively take a weed-eater to nearly 60 miles of [...]

Can Utilities Save Your Portfolio?

“Utilities and banks have been the traditional “widow and orphan” stocks. In the case of utilities, they are regulated, their profits are practically set by local governments, and they pay dividends.” — Andrew Mickey by Andrew Mickey Baltimore — (TFN): Times are certainly tough. David Dreman, a leading money manager who oversees about $15 billion, said, ”Between inflation [...]

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