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"Considering that the 73 utility stocks in the S&P 1500 Index combine to represent just 4% of the index's market value, they certainly occupy a big place in the hearts of investors," notes Richard Moroney.

The editor of Dow Theory Forecasts -- a newsletter that has been published for nearly 60 years -- explains, "Here, we offer a diversified 12-stock utility portfolio, as well as our top utility choice for investors who only wish to buy one stock in the sector.

Continue reading Dow Theory's Diversified, 15-Stock Utility Portfolio

<font> Avista Corp. ( AVA ) today reported net income of $25.9 million, or $0.47 per diluted share, for the second quarter of 2009, compared to net income of $23.5 million, or $0.44 per diluted share, for the second quarter of 2008. For the six months ended June 30, 2009, Avista Corp.’s net income was $56.9 million, or $1.04 per diluted share, compared to net income of $48.8 million or $0.91 per diluted share for the six months ended June 30, 2008. </font>