Is Duke Energy Corporation (DUK) the Best Large-Cap Value Stock to Buy as the Recession Hits?
From Yahoo Finance: 2025-04-17 13:15:00
The article discusses the 15 best large-cap value stocks to buy as the recession hits, including Duke Energy Corporation. Goldman Sachs notes that equities globally are trading in and out of a bear market, indicating potential downturns. The Q1 2025 earnings season is underway, with a focus on company outlooks amidst tariff uncertainty. Morningstar reports 6.8% earnings growth in Q1 for S&P 500 companies. Forward guidance impacts financial markets, but Morningstar suggests that real value lies in the future. Goldman Sachs recommends regional and style diversification for investors.
Duke Energy Corporation is highlighted as a top large-cap value stock to buy. With 62 hedge fund holders and a forward P/E of ~19.1x, the company’s focus on clean energy and sustainability aligns with market trends. Jefferies analyst Julien Dumoulin-Smith raised the price target, citing stability amidst market challenges. Duke Energy’s growth in FY 2024 was driven by rate increases and riders, weather improvements, and higher sales volumes. The company ranks 9th on the list of best large-cap value stocks, with potential for growth.
Read more at Yahoo Finance: Is Duke Energy Corporation (DUK) the Best Large-Cap Value Stock to Buy as the Recession Hits?