The energy transition is upon us.

Since 2005, the United States power sector has seen both the fastest decline (coal) and fastest adoption (wind and solar) of any power source since the nation was founded. A similar, forecast-shredding trend will be observed this decade as transportation ditches liquid fuels for electricity. Therefore, every portfolio should own an electric utility in the 2020s, although they aren’t created equal.

7investing Lead Advisor Maxx Chatsko’s recommendation for December 2020 is well-positioned — thanks to a combination of geography, financial discipline, and excellent management — to capture opportunities in renewable energy, electric vehicles, and next-generation power sources while thumping the total return of the S&P 500.

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Transcript

My top stock to buy in December is an electric utility with significant geographic advantages serving as a tailwind through the ongoing energy transition.

Hey everyone, I’m 7investing Lead Advisor Maxx Chatsko. Sorry for my boring background this month, but I’m in the middle of moving — you should see the rest of my house. Here at 7investing, we empower you to invest in your future by giving you our seven best stock market opportunities each and every month, each backed by the domain competence of one of our lead advisors.

My pick this month is best suited for investors who are seeking long-term, low-risk growth. This stock does pay a dividend, but I consider that a “nice to have”.

The electric utility industry is typically synonymous with words like “boring” and “monolithic”, but that’s not the case here. This business is well-positioned to respond to and capture some of the biggest opportunities in energy in the next decade or two, including renewable energy, electric vehicles, batteries and energy storage, and even next-generation power sources including enhanced geothermal systems and advanced nuclear.

This company and this stock’s total returns have beaten the S&P 500 in the last three, in the last 5, in the last 10 years — pick a comparison period and this stock has absolutely crushed the market.

If you want to read my full write up to see what the company and understand the risks and opportunities facing it, then please visit 7investing.com.

We are 7investing. We are here to help you invest in your future.