The month of February is in the books, and it was an extremely volatile one for the stock market. It was also a busy month for me personally, as deadlines led to overtime at work and frequent snowstorms provided me with ample exercise opportunities in shoveling out the driveway.
My latest coverage of the utility sector was posted on Seeking Alpha, highlighting my Top Ten picks for 2017.
The sector as a whole remains quite expensive on a historical basis, with 27 of the 30 companies trading at least 10% above my “fair value” estimate. Nonetheless, there are still a few companies worth a look, especially for those looking investors looking specifically for income.
For quick reference, here is the list of the Top Ten, as well as the valuation and projection spreadsheets from the article.
Finally, here is the article: