Dividends4Life: 3 Utility Stocks With Big Dividends, Bullish Potential

After reaching new highs early in 2015, the utilities sector — as represented by the Utilities SPDR (XLU) — has fallen more than 6% year-to-date. However, in the days since the Federal Open Market Committee declined to say whether it would elect to raise rates at its September meeting, XLU has registered several days of positive price action after bouncing off of its 100-day moving average near the $42 level.

Several individual stocks within the sector are also reflecting the rebound, and Profit Scanner has identified multiple bullish opportunities to take advantage of this reversal. Here’s a look at three utility stocks to play in the current environment: PPL Corp (PPL), Northwest Natural Gas (NWN) and Southern Co. (SO).

Source: InvestorPlace

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