3 Utility Stocks to Buy With $250 and Hold Forever
These utility stocks offer substantial dividend income, a smoother ride for shareholders, and sneaky long-term growth potential.
Are you over the market's roller-coaster-like volatility? If so, utility stocks might be a great sector to consider. People must keep the gas and electricity on, so utilities are typically timeless businesses that thrive through good and bad times. Their stocks also tend to pay generous dividends, giving investors concrete returns, regardless of what the broader market does.
I wanted to highlight three top-notch utility stocks. They also generate and transport energy, giving them some additional growth potential. All three stocks have betas under 1.0, so they should be less reactive to the market's recent volatility.
You can own all three for just $250, so consider buying and holding these durable utility leaders forever.
