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American Electric Power Stock: AEP's Performance in the Utilities Sector

December 14, 2024
Barclays PLC, a multinational investment bank, has reportedly purchased 213,153 shares of American Electric Power Company Inc. (NASDAQ: AEP). This move indicates Barclays' confidence in AEP's performance within the utilities sector. Additionally, Franklin Resources Inc. has a significant stake of 431.67 million in the company. AEP, a leading electric utility company, continues to attract investment due to its strong position in the market. As per experts from Stocks Prognosis, it is recommended to consider buying AEP's stocks considering the positive outlook for the company in the industry.
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