WTRG - Essential Utilities: A Solid Replacement For T-Bills And Money Markets
2024-07-16 11:48:53 ET
Summary
- Essential Utilities offers a dividend yield of over 3% and is priced well below its historical valuation averages.
- The company has shown strong profitability metrics and EPS growth over the past decade.
- I rate Essential Utilities a Buy based on the current share price, which may be undervalued by as much as 20%.