klaus14 wrote: ↑Tue Aug 27, 2019 11:39 pm
Can you share the list of stocks in your list?
The universe of available stocks is created by taking all the utilities in the S&P 600 value and S&P 400 value indexes, plus the smallest five or six in the S&P 500 value index. If I was using something like M1 or a brokerage with free trades I'd probably just equal-weight the entire list. Right now that list is (in order of descending market cap):
Evergy, Inc (EVRG)
CenterPoint Energy, Inc. (CNP)
Alliant Energy Corp (LNT)
Atmos Energy Corporation (ATO)
NiSource, Inc (NI)
The AES Corporation (AES)
Aqua America, Inc. (WTR)
OGE Energy Corporation (OGE)
IDACORP, Inc. (IDA)
MDU Resources Group, Inc. (MDU)
Southwest Gas Holdings Inc (SWX)
ONE Gas, Inc. (OGS)
Hawaiian Electric Industries, Inc. (HE)
Allete, Inc. (ALE)
Spire Inc. (SR)
NorthWestern Corporation (NWE)
NewJersey Resources Corporation (NJR)
PNM Resources, Inc. (Holding Co.) (PNM)
Avista Corporation (AVA)
American States Water Company (AWR)
California Water Service Group Holding (CWT)
El Paso Electric Company (EE)
South Jersey Industries, Inc. (SJI)
Northwest Natural Gas Company (NWN)
Because I have to pay for trades, I pseudo-randomly selected 11 to purchase in EW. I don't reinvest dividends and have very wide rebalance triggers, to minimize transactions. I also do a quick check of the news for each stock and avoid any that are in the process of a merger or acquisition (I think - but am not sure - that El Paso is the only one on that list in this situation.)
Of these, I currently own: AWR, WTR, ATO, HE, NJR, NI, NWE, OGE, OGS, SJI, & SR.
"Far more money has been lost by investors preparing for corrections than has been lost in corrections themselves." ~~ Peter Lynch