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Shah Gilani of Money Morning argues that Eli Lilly and Reaves Utility Inc. are great investments in today’s economy.
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-- everybody the Dow is now up sixteen points G-7 they said it would just monitoring the situation.
All right -- I joined the company now from Miami Shah Gilani with money -- aren't shop.
These are very uncertain times we don't know what's going on in Europe -- we got a declining economy via the markets down a thousand points in one about five weeks.
I want you to give me -- stocks that you like full on certain times go with number one.
But won't be Eli Lilly and company Stewart this in fabulous pharmaceutical companies.
And besides the fact it is just got its drug amiable bid approved in -- mean April.
Which is a radioactive.
Agent that actually helps detect plaques.
In patients that might have alzheimer's I think that's gonna be a Blockbuster for -- down the road -- -- over a hundred about great drugs in their pipeline.
But on the surface of that got a four point 8% dividend yield I think -- love cash and these days in this marketplace and hunkered down with a -- -- it's got a very low beta in terms of it's volatility relative -- whole market I I love Eli Lily here and think it if it goes lower on beat.
Very happy to continue that's my positions very interesting all right shot number two please.
-- utility income fund is a closed end equity fund that essentially invest in a range of utilities.
And but not just your typical electricity generation and transmission type.
Utilities.
They -- invested in AT&T and Verizon in southern company across the board.
Had a five point eight dividend.
Yield which is act against that -- I'm I'm looking for.
-- safety in this marketplace and I want yields and you -- does a great job of that and they they leverage a powerful beautifully.
We all cannot borrow what about a quarter percent and then invest that at you know 456%.
That's what they're doing so they're implying oh -- I think a great.
Degree of leverage not not great in the sense that it's it's large but -- Properly applied.
And it's invaded -- invested in high dividend yielding.
Utilities so I think it's -- the fact this play again I would buy this one as it goes out if it goes down.
Eli Lilly is there's Reeves you owed them either and go to net.
No but I subscribers in cap -- -- both okay got it.
Does very interest.
Now we appreciate solid advice holiday -- as I don't think anybody really knows what's going on in this marketplace and your palliative.
