I’ve decided to take profits from my extreme overweight position in Utility Stocks. NOTE- I haven’t sold ALL my Utility Stocks, in fact, my portfolio is still overweight Utilities, just not to the extreme position I’ve held since March 2024. ( Initial Utility BUY )
On Friday the following positions were closed:
- BEP, FE, & POR.
Today the following positions were reduced:
- CMS, CNP, D, DUK, ETR, EXC, NEE, NI, PNW, SO & XEL.
Positions have been maintained in other Utility Stocks not mentioned, such as CEG.
I plan to reinvest these proceeds into Industrial Tech themed stocks, but with the S&P 500 back near its record high, for now I’ll keep some dry powder on hand. Stay tuned.
Learn more about Investable Wealth LLC at:
—————————————————–