American Electric Power (AEP) is set to benefit from increasing electricity demand driven by data centers, supported by a $78 billion capital plan and 69 GW of contracted incremental load. The company targets 7-9% long-term earnings growth and offers a 3.05% dividend yield with a forward P/E of 19.5x, making it an attractive option for investors seeking stable income and growth. The stock is rated 'Buy' with expectations of low-teens total returns, positioned defensively amid the AI infrastructure expansion.
Representative David J. Taylor of Ohio reported six stock trades, selling biotech and tech shares like Amgen and Microsoft, while buying utilities, semiconductors, and regional bank stocks such as American Electric Power, Broadcom, and Fifth Third Ba...
Texas regulators have paused new data-center hookups and increased application fees, significantly reducing American Electric Power's (AEP) data-center pipeline. This development casts doubt on the growth prospects of the Utilities Select Sector SPDR...
