3 Utility Stocks to Buy for Safety and Yield in 2024
American Electric Power(AEP) InvestorPlace·2024-01-25 21:15
While Wall Street celebrated the fact that we avoided a recession in 2023, that doesn’t necessarily mean fortune will favor us again this year, thus warranting a look at utility stocks to buy. Fundamentally, the biggest bullish case for utilities centers on the natural monopoly concept.Think of all the regulations that the enterprises undergirding various utility stocks must abide by. Not just anyone can set up shop as a key resource and services provider. Beyond that point, few companies have the ability t ...