RE:Value vs Growth Plays_Where To Now?Thanks again for the informative post, W2B. I, too, am feeling like there’s a recession on its way either in Q3 or Q4 2019. If this happens, do you expect that the downward trajectory of dividend-play stocks will reverse? I invested in ENB, ALA, and some of the others that you have listed as your “widows and orphans” stocks for this reason, but utilities have been crushed these last 12 months. I’ve also slowly started picking up units of a covered call utilities ETF.
For selfish reasons, I’m hoping your 2019 prediction for ENB comes true, but hoping we can avoid a re-test of the $38-$39 range this year. I am praying for an earnings beat on Nov 1. and dividend increase in mid-November to keep the short-sellers away.
Thanks again for the insights.
-WW