Jon Vialoux
Xcel Energy Inc
XEL-Q
TOP PICK
Aug 14, 2015
Utilities are a good defensive play and this one runs a very seasonal business. It generates the vast majority of its earnings in the 3rd quarter (summer) because of the increased demand for electricity. It is an electricity holding company and operates in a number of states in the US. The average gain from about July 29 through to the end of the year is about 12%, and works 76% of the time. It is currently outperforming the market.
(Top Pick Aug 14/15, Down 0.56%) During the third quarter they generate the bulk of their revenues from air conditioners. It is a low volatility way to play the market. You rotate to cyclical when the volatility ends, which is about now.
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Utilities are a good defensive play and this one runs a very seasonal business. It generates the vast majority of its earnings in the 3rd quarter (summer) because of the increased demand for electricity. It is an electricity holding company and operates in a number of states in the US. The average gain from about July 29 through to the end of the year is about 12%, and works 76% of the time. It is currently outperforming the market.