The prices for their products are going up.
Clearly an end to the interest-rate hikes is good news for stocks.
This sort of consolidation will continue so long as utilities generate such incredible amounts of cash. It seems like utilities really can't go wrong at the moment. All they have to do is pick up the money.
It's too late to buy many of the big ones. There are plenty of municipal utilities that can be bought one by one and added up, but that's not as satisfying as buying a big group.
The Germans historically have had problems with being too aggressive, but that's changing. Being stuck between the U.S. and Asia, German companies really have to fight. And now they have the power to fight.
Coke will just continue doing what they are doing but they are just not as happy.
Sometimes I've believed as many as six impossible things before breakfast.
(January 27, 1832 - January 14, 1898)
We've always had obstacles to overcome. But we're a family and we stick together.