American Electric (AEP) Rides on Investments, Interest Rate Woes
AEPAmerican Electric Power(AEP) ZACKS·2024-06-19 21:40

American Electric Power Company, Inc. (AEP) is deploying systematic investments in infrastructural upgrades to enhance the reliability of its operations, which will allow it to serve its utility customers efficiently. The company is also making consistent investments to expand its renewable generation portfolio.However, this Zacks Rank #3 (Hold) company faces risks like rising interest rates and an unfavorable financial position, which act as a headwind.TailwindsAmerican Electric has a capital investment pl ...