Telecom Stocks: The Forgotten Utilities

Stockerblog submits:

Telecommunication stocks seem to be the forgotten utility. Most income investors have filled their portfolio with electric utilities, natural gas utilities, and water utilities, which, in general, provide stability and steady income. Telecom stocks can help round out a utility portfolio.

Of course, telecoms can carry some risks: land lines are decreasing, cell phone usage is increasing, and more and more households are now using cell phones as their primary if not their only phone. The phone companies aren't standing still; they are pushing many other services in addition to the usual telephone services. Also, much of the negative news has already been built into the price of many of these stocks.

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