- InvestorPlace
3 Utility Stocks to Keep Your Portfolio Humming Through the Slog
With the market facing uncertainties tied to economic concerns, monetary policy questions and geopolitical flashpoints (to name but a few), investors have every reason to consider utility stocks to buy. No, one shouldn’t go full bore into the sector and ignore others. However, this segment is incredibly relevant if you want to march through the slog. Fundamentally, utilities benefit from the natural monopoly. Essentially, would-be competitors don’t even bother putting up a rival offering. With e
- Reuters
CORRECTED-Sempra revisits choice of Bechtel on Cameron LNG expansion to cut costs, sources say
Sempra LNG is revisiting its selection of Bechtel to build its Cameron LNG expansion project in Louisiana due to rising construction costs, two people familiar with the matter told Reuters. The Sempra-Bechtel pricing dispute reflects a broader hike in construction and labor costs that are affecting several U.S. liquefied natural gas (LNG) export projects under development and threaten to further delay others. Sempra "has gone back out for an EPC (engineering procurement and construction) contractor for its expansion project," one of the people familiar with the matter said.
- InvestorPlace
7 Reliable Dividend Stocks to Keep Your Portfolio Upright
It must be stated upfront that the concept of reliable dividend stocks isn’t exciting. No, it’s downright boring. In an age where everything seems centered on the latest technological advancements, is there a place for passive income? You bet! Fundamentally, we just don’t know what may lie ahead. Yes, the benchmark S&P 500 index is up around 10% on a year-to-date basis heading into the May 10 session. However, momentum has definitely slowed, with the index gaining just 1% in the trailing month.
