Thread: Investing 102
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Old 02-01-2012, 10:57 AM
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GregWeld GregWeld is offline
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Quote:
Originally Posted by sik68 View Post
I was channel surfing last night, and wound up watching Cramer...he was interviewing a board member of Dominion (D), an energy production & distribution company. The two talked a lot about providing energy for the exponentially growing data center industry. Cramer wrapped up the segment with "this is the energy provider to own."

Greg, looking at the 10 year (+66%) and Dividend (4.22%), something that would get your blessing?

Yeah buddy -- ya got GROWTH and a very nice dividend... I don't own this one - I own Con Edison (ED) and this is like the "COKE VS PEPSI" debate -- own either one or both... Good for you watching and listening and then DOING YOUR HOMEWORK.

Think about these "utilities".... everybody has to pay their power bill every month... buy the best of breed and kick back. They bring stability to your account -- a nice dividend and decent growth... all the things we're looking for.
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