Avangrid is a growing renewable and natural gas utility with expected long term growth of over 9% and a high 4% dividend to boot. It is below book value, and has recent insider buying. It services the northeast US area (where I live) which has both cold winters and hot summers. Natural gas is plentiful and dirt cheap in this region due to the Marcellus shale. Customers cannot live off-grid in this area and thus need power utility support, so it is a guaranteed customer base. This is a very long term (possibly lifetime) position.
Disclaimer Note: I will only share the best ideas I have, simply because I want to help others, as no one has helped me. I own shares in every idea unless stated otherwise. After many years of study I believe I understand the markets well. My personal goal is to save enough in the next 10 years so I can have some retirement time before I am dead. I hope this information can help others as well.
Disclaimer Note: I will only share the best ideas I have, simply because I want to help others, as no one has helped me. I own shares in every idea unless stated otherwise. After many years of study I believe I understand the markets well. My personal goal is to save enough in the next 10 years so I can have some retirement time before I am dead. I hope this information can help others as well.
