BUY OGE @ $35.40

Buying OGE @ $35.40

2% position

OGE is one of the highest yielding utility stocks out there right now. And the CEO announced he's leaving a few weeks ago. Those two factors make me a buyer - either the stock works and goes up OR the company gets bought during this transition period. Either way, I win!

OGE isn't a clean, pure electric utility that will benefit from the "electrify everything" movement - as is becoming my trademark investment thesis - but it is a cheap utility that has a a catalyst.