Jim Cramer says Constellation Energy and Sempra Energy are dependable utility stocks

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Jim Cramer advised investors to consider adding shares of “steady-eddy” utility companies to their portfolios for their dependability.

Wall Street also continues to worry that the economy could tip into a recession next year, despite the anticipated easing of the Fed's inflation strategy.

Cramer advised investors to consider adding shares of "steady-eddy" utility companies to their portfolios for their dependability. "They also tend to protect you with bountiful dividends that can cushion any potential downside," he said.The nuclear-powered electric utility company, which was spun off from Exelon earlier this year, is the top performing utility stock so far this year.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

😭

dump your shares

RIP those names

So sell.

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