From Nasdaq: 2024-12-06 08:51:00

The rally in equities is driven by optimism for a business-friendly environment with less regulation. Investors eye small-cap and utility stocks. Utility companies face increasing compliance costs due to renewable energy trends.

Renewable energy shift continues with a pragmatic approach to energy policy. Utility stocks offer stable earnings growth and high dividends, making them attractive investments for 2025 and beyond.

Evergy Inc. (EVRG) generates electricity from various sources, projecting 4-6% earnings growth through 2029. The company’s backlog includes projects for major tech companies and a dividend yield of 4.19%.

Duke Energy Corp. (DUK) benefits from population migration, regulatory settlements, and offers a 5-7% earnings growth forecast through 2028. DUK stock provides a 3.68% dividend yield and is up 17% in 2024.

WEC Energy Group Inc. (WEC) raises capital spending plan by $4.3 billion to eliminate coal by 2032. The company forecasts 6.5-7% EPS growth from 2025-2029, supported by regulatory deals and investments, including Microsoft’s data center in Wisconsin.



Read more at Nasdaq:: 3 Utility Stocks That Will Benefit from Less Regulation