How Is Public Service Enterprise's Stock Performance Compared to Other Utilities Stocks?

Valued at a market cap of $40.8 billion, Public Service Enterprise Group Incorporated (PEG) is a diversified energy company that primarily generates and distributes electricity and natural gas. The Newark, New Jersey-based company also invests in clean energy initiatives, grid modernization, and energy efficiency programs, positioning itself as a key player in the transition toward a more sustainable energy future. Companies valued at $10 billion or more are typically classified as “large-cap stocks,” and ...