How Is American Electric Power’s Stock Performance Compared to Other Utility Stocks?
Columbus, Ohio-based American Electric Power Company, Inc. (AEP) is an electric public utility company that generates, transmits, and distributes electricity to retail and wholesale customers. It is valued at a market cap of $70.3 billion. Companies valued at $10 billion or more are typically classified as ālarge-cap stocks,ā and AEP fits the label perfectly, with its market…
