Should I add AGL to my portfolio?

I’m 79 years old with a portfolio account and prefer to invest in blue chip shares that pay a high dividends. I have a spare $20,000.00 to invest in the portfolio account and am considering AGL (AGK).

What are your thoughts on this – do you have any alternative recommendations?

A: I think AGL (AGK) looks like a reasonably low risk play. On a sector basis, utilities is good value and of the stocks that make this up, AGK is my pick.


According to FN Arena, the broker consensus target price is $16.25, sentiment is positive at +0.4 (-1.0 most negative, 1.0 most positive).


Regards.



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