We recently compiled a list of the 10 Best Infrastructure Stocks To Buy Now. In this article, we are going to take a look at where American Electric Power Company, Inc. (NASDAQ:AEP) stands against the other infrastructure stocks.
Whether it’s for the services industry or the manufacturing sector, infrastructure is the building block of any economy. In fact, this principle has been pushed to the forefront of investing in 2024 as investor optimism about the potential offered by artificial intelligence has also led to interest in stocks that will enable businesses to set up massive data centers for running their AI workloads.
This was evident in a report from Goldman in July. It bifurcated AI firms into four sectors that were numbered according to the timeline at which they would see returns. The first set of firms was chip manufacturers, and its year to July returns sat at 139% and was represented only by one firm. The second set were…
