Canadian Utilities (CU-T)

They're focused on Alberta. Likes it. They've transitioned well to having more regulated cash flows, but there's less growth than Northland Power or Boralex, but CU has a cheaper PE. It's a steady eddy.

Likes it. He owns Fortis and Emera instead, though. CU is landlocked in Alberta, which is a problem. Their dividend is solid and will grow. But this ranks third between the other two names here.

He likes utilities; defensive and paying good dividends in a low rate environment. CU depends on Alberta, which is challenged by oil. He prefers Fortis and Boralex, Innergex and AQN-T, which will maintain or increase current stock levels. If you own this, hold it and wait for a recovery; the dividend is safe.

CU recently sold off a lot of its electricity-generating assets, so still good? He'd rather shift to an Enbridge or Altagas. Electricity generation is low-growth and heavily regulated. Long-term utility rates won't move much and inflation will kick back in.

CU vs. H Hydro One had serious issues, but a decent dividend. If he had to pick one right now, he'd pick CU. Looks a bit steadier. Hydro One is in nosebleed territory, and looks as though it's starting to come off. CU is consolidating, and looks to go higher short-term. $35 is a good stop level to sell CU, $22 for Hydro One.

These names are interest sensitive. It is the yield that makes them interest sensitive. Be cautious about your total exposure to interest sensitives.

It tends to bottom as the market is topping. It has a good yield and is low risk. (Analysts’ target: $36.86).

This is an interest-sensitive stock. It is currently selling at its model price. The dividend is covered by earnings. He is positive on the stock. The stock has come down a fair bit and is at a good-looking point for buying. If it does go down further, to $31, he would see a warning that the stock is going to go lower. However, there is no sign of that here, yet.

He likes this stock and thinks it is about to enter a period of seasonal strength, which begins in late-July typically. Once it breaks through the the bearish channel started back in mid-2017, it should be a good rally. He does not own any utilities at the moment since they saw the increase in interest rates coming. Now, he thinks interest rates will plateau soon. He prefers Fortis (FTS-T).

He's researched this stock only recently. being Alberta-centric and rising interest rates are headwinds for them. They've grown the dividend consistently, so it's looking more attractive. He's watching it. Rising interest rates may pressure utilities stock further so that may be the time to step in. But rates won't rise a lot more, either. 4.7% dividend