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

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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.

 

😭

dump your shares

RIP those names

So sell.

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