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

  • 📰 CNBC
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

United States News News

United States United States Latest News,United States United States Headlines

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

😭

dump your shares

RIP those names

So sell.

United States United States Latest News, United States United States Headlines