ALLETE, Inc. (ALE)
The Company provides fundamental products and services which includes its two core businesses, Energy and Real Estate, as well as former operations in the water, paper, telecommunication and automotive industries.
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Utility sector is a good choice for value and for defense. This company has low debt, good margin, and a good dividend (not to mention a cool ticker symbol).
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This is a solid, well-run company that will outperform the market over the next five years. Currently sporting a dividend yield of 6.9% and a P/E of 9.1, I think the uncertainty in the Florida real estate segment overshadows other core operations. I also like it when insiders like Emery Sidney add to their holdings.
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ANOTHER GREAT COMPANY
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Well run, always holds its value in the long run
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dividend pick favored by those with 90%+ accuracy
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I believe...
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ALLETE, Inc., together with its subsidiaries, engages in the generation, transmission, distribution, and marketing of electrical power for retail and wholesale customers in the upper midwest of the United States. Note: I love a company with subsidiaries that usually means they can chop off the arms that offend them easily.
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Allete has spun off their non-core business. With Real estate in Florida and the Electricity in the North, Allete is set for the forseeable future.

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