Jim Cramer advised investors to consider adding shares of “steady-eddy” utility companies to their portfolios for their dependability.
Wall Street also continues to worry that the economy could tip into a recession next year, despite the anticipated easing of the Fed's inflation strategy.
Cramer advised investors to consider adding shares of "steady-eddy" utility companies to their portfolios for their dependability. "They also tend to protect you with bountiful dividends that can cushion any potential downside," he said.The nuclear-powered electric utility company, which was spun off from Exelon earlier this year, is the top performing utility stock so far this year.
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