American Electric Power Co Inc (AEP): Today's Featured Utilities Winner
(
) pushed the Utilities sector higher today making it today's featured utilities winner. The sector as a whole closed the day up 0.4%. By the end of trading, American Electric Power rose $0.85 (1.9%) to $45.42 on average volume. Throughout the day, 3,403,111 shares of American Electric Power exchanged hands as compared to its average daily volume of 3,373,200 shares. The stock ranged in a price between $44.52-$45.48 after having opened the day at $44.61 as compared to the previous trading day's close of $44.57. Other companies within the Utilities sector that increased today were:
(
), up 5.0%,
(
), up 2.8%,
(
), up 2.6% and
Companhia De Saneamento Basico Do Estado De
(
), up 2.6%.
American Electric Power Company, Inc., a public utility holding company, engages in the generation, transmission, and distribution of electric power to retail customers. The company generates electricity using coal and lignite, natural gas, nuclear energy, and hydroelectric energy. American Electric Power has a market cap of $21.7 billion and is part of the utilities industry. Shares are up 4.4% year to date as of the close of trading on Tuesday. Currently there are 7 analysts that rate American Electric Power a buy, no analysts rate it a sell, and 9 rate it a hold.
TheStreet Ratings rates
American Electric Power
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in stock price during the past year and reasonable valuation levels. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full American Electric Power Ratings Report.
On the negative front,
China Hydroelectric Corporation
(
), down 9.6%,
(
), down 3.8%,
(
), down 3.0% and
(
), down 3.0%.
- Use our utilities section to find sector-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the utilities sector could consider
(
) while those bearish on the utilities sector could consider
ProShares UltraShort Utilities
(
).
- Find other investment ideas from our top rated ETFs lists.
null