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Why Is American Electric Power Company, Inc. (AEP) Among the Best Electricity Utility Stocks to Invest In Now?

By Yahoo! Finance   |   Nov 7, 2024 at 05:31 PM EST
Why Is American Electric Power Company, Inc. (AEP) Among the Best Electricity Utility Stocks to Invest In Now?

The electric utility sector saw growth in 2023 with advancements in decarbonization and record solar power deployment. In 2024, utility stocks outperformed due to AI-related growth opportunities and rising electricity usage linked to data center demand.

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