Buying SR @ $64.81
Adding 2%
4% total position
Like I keep saying, utility investing is about rotating capital from winners into losers. Make your 5-10% in one name, recycle it into your next idea that hasn't done well.
I sold Sempra (SRE) and wanted to keep the exposure - so I rotated into a ticker without the "E" - SR.
Spire is one of my top ideas down here. If you're a chart-ist, it looks like a company headed for the dumpster. But if you know anything about it, it's a safe utility. What's not to like? The darn thing traded in the $80s most of last year!
I'll buy more on sale, like any reasonable investor should.
Recycle that capital!
Adding 2%
4% total position
Like I keep saying, utility investing is about rotating capital from winners into losers. Make your 5-10% in one name, recycle it into your next idea that hasn't done well.
I sold Sempra (SRE) and wanted to keep the exposure - so I rotated into a ticker without the "E" - SR.
Spire is one of my top ideas down here. If you're a chart-ist, it looks like a company headed for the dumpster. But if you know anything about it, it's a safe utility. What's not to like? The darn thing traded in the $80s most of last year!
I'll buy more on sale, like any reasonable investor should.
Recycle that capital!
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