Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Shares in United Utilities (UU.) are currently trading at 893p on a PE ratio of 17.6 and a dividend yield of 4.03%. There are some attractive fundamental qualities about this share. It supplies a product that everyone requires, namely water. That’s about as secure a product as you can get in terms of people needing it! United Utilities has a monopoly on supplying water and waste services to all of the North West of England. It’s quite an extensive area, stretching from Cumbria to Cheshire. Its assets include 42,000 kilometres of water pipes, 76,000 of sewers, 569 wastewater treatment works, 94 water treatment works and about 56,000 hectares of water catchment land.
Already a member? Sign in
• All premium articles
• Tom Winnifrith’s Bearcast
• Access to all the entire nearly 13 year archive
• ShareProphets Daily Newsletter
Cancel any time
This area of the ShareProphets.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ShareProphets.com. ShareProphets.com does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ShareProphets.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ShareProphets.com and is not intended to be relied upon by users in making (or refraining from making) any investment decisions.
Comments
wildrides
Not advocating selling ! why am I am not suprised , ,since you aint sold a share for seven years.
Go on …….sell the bastard …..you know you want to ……………its shouting at you from the portfolio “ sell me , sell me “ “oh please sell me” “ I want to be churned , to know what it feels like in anothers port “