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American Electric Power Company Inc. Attracts Institutional Owners and Tops Utilities Stock List

December 30, 2024
American Electric Power Company Inc. (NASDAQ: AEP) has gained popularity among institutional owners who invest a significant 78% in the company, according to Simply Wall St News. The company has also emerged as one of the top utility stocks to consider in December, along with NextEra Energy (NYSE: NEE), according to Benzinga. Despite facing a decline of 8.9% in the last 3 months, AEP offers high-yield dividends, making it an attractive choice for investors. To get professional insights on the future movement of AEP stock, consider consulting the experts at Stocks Prognosis.
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