New Trade for February 12th, 2021

Stocks are trading lower this morning after a mixed session yesterday.  Nevertheless, Wall Street’s tracking for its second straight positive week in continuation of February’s strength.  So far this month, the Dow is up 4.8%, the S&P 500 is up 5.4% and the Nasdaq has risen an impressive 7.3%.  

In today’s trade alert we’ll turn our focus towards the utility sector, to a firm that has proven it’s dedication to it’s investors year after year. Stocks such as this one provide an important aspect to a well rounded portfolio.

Atmos Energy Corporation (ATO) is the nation’s largest fully regulated, natural gas-only distributor.  The Dallas-headquartered firm serves more than 3 million distribution customers in more than 1,400 communities across eight states, with a large presence in Texas and Louisiana.

Analysts, who are mostly bullish on the name, point to ATO‘s strong fundamentals and increasing U.S. demand for natural gas.  A robust balance sheet and potential for above-average earnings growth also recommend the stock.  Of 12 analysts offering recommendations for the stock 5 rate the stock a Strong Buy and 4 rate it a Buy.  There are also 2 Hold ratings and 1 Sell rating.  

Indeed, Wall Street forecasts the company to generate average annual earnings growth of 6.6% over the next three to five years.  For dividend stocks in the utility sector, that’s A-OK.

Atmos was added to the dividend aristocrats in January 2020 and clinched its 26th straight year of dividend growth in November 2020, when it announced an 8.7% increase to 62.5 cents a share per quarter.  The stock currently sports an annual yield of 2.8%.  

When a firm manages to raise its dividend year after year, through recession, war, market crashes and more, it’s making a powerful statement about both its financial resilience and its commitment to shareholders.  That’s why Atmos is likely a reliable investment for the foreseeable future.    

Where to invest $1,000 right now...

Before you consider buying Atmos Energy, you'll want to see this.

Investing legend, Keith Kohl just revealed his #1 stock for 2022...

And it's not Atmos Energy.

Jeff Bezos, Peter Thiel, and the Rockefellers are betting a colossal nine figures on this tiny company that trades publicly for $5.

Keith say’s he thinks investors will be able to turn a small $50 stake into $150,000.

Find that to be extraordinary?

Click here to watch his presentation, and decide for yourself...

But you have to act now, because a catalyst coming in a few weeks is set to take this company mainstream... And by then, it could be too late.

Click here to find out the name and ticker of Keith's #1 pick...


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