PPL vs. XEL: Which Utility Stock Looks Stronger for the Year Ahead?

Key Takeaways PPL and XEL's return on equity are pegged at 9.08% and 10.45%, respectively.PPL and XEL expect to invest $20B and $60B, respectively, to strengthen their infrastructure.XEL is currently trading at a P/EF12M of 17.99X, marginally cheaper than PPL's 18.01X.The U.S. utility sector is going through a phase of rapid transformation as electricity demand rebounds after a prolonged period of stability. Rising power needs from data centers, AI-driven computing, electrified transport and heating, and re ...