10 Utility Companies You Can Be “Proud to Own”
Proud to Own Process™
At Faith-Based Investor we have developed a propriety list of companies our clients can be “Proud to Own”. Our “Proud to Own” list is a list of companies that meet both our stringent moral and financial criteria. In order to meet our “Proud to Own” status we narrow nearly 8,000 companies down to a manageable list of about 600 companies.
These 600 companies are thoroughly analyzed to make sure they do not violate any of our clients’ moral preferences. Most of our clients want us to screen for Christian Values. They want to avoid investing in companies that profit from or donate money to the abortion industry. They also want to avoid supporting companies in the pornography, gambling, tobacco, and alcohol industries. Many also wish to avoid investing in companies that are lobbying for and actively promoting the homosexual lifestyle.
All in all, there are 13 moral items we screen out of our portfolios. We then screen in companies that are making a positive difference in our society. We combine negative along with positive screens to narrow our list from 8,000 down to 600 companies – our “proud to own” investing pool. This pool is constantly changing as names come and go as moral and financial conditions change.
From this list of approximately 600 companies, we hand select those we feel are the “best of the best”. We sub-divide these companies into 5 categories for our investors:
1) Dueling Duo Picks – These are momentum based companies that currently on an upward trend. Typically many of these companies are near or close to their 52 week highs and have more room to grow…
2) All-Weather Companies – These are more defensive picks. Think stability and consistency. These are typically in industries that can stand up better during the “down times” yet advance nicely during the “good times”.
3) Tomorrow’s Treasures – These are aggressive growth companies in the smaller and mid-sized range. We try to hit a few home runs with these picks.
4) Contrarian Strategies – These are companies that have typically fallen out of favor with Wall Street for one reason or another. They have been beaten down in price and have nice rebound potential.
5) Global Income – These are companies from all over the world that are consistent and pay nice dividends (at least 3%). We look for mature and smaller companies that have a history of raising dividends along with a stable growing stock price. We want growth and income!
As you can see, we can usually find investments for nearly every type of investor. Let us help you find investments you can be “proud to own”!
Let us look at the types of companies we select in our global income strategy:
In this portfolio, we like high quality, dividend paying companies in stable industries. We like REITs, consumer staples, health care, energy, and utilities. We want to include products and services people will buy and use during good and bad economic times. For dividend investors we really like utilities. They may be boring, but they pay some hefty dividends!