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Why Is Duke Energy Corporation (DUK) Among the Best Electricity Utility Stocks to Invest In Now?

By Yahoo! Finance   |   Nov 7, 2024 at 06:37 PM EST
Why Is Duke Energy Corporation (DUK) Among the Best Electricity Utility Stocks to Invest In Now?

The electric utility sector has shown strong performance in 2024, driven by AI growth opportunities and defensive characteristics. The rise in data center demand linked to AI has led to an unprecedented rally in utility stocks, outperforming the market and ETFs.

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