#6 - Duke Energy (NYSE:DUK)
Duke Energy Corp. (NYSE: DUK) is the second-largest operator of nuclear plants in the United States. The company serves customers in North Carolina, where it has six active nuclear reactors. Approximately 28% of the Duke Energy's electric power generation comes from nuclear power, which plays a central role in the company’s strategy to achieve net-zero carbon emissions from electricity production by 2050.
Utility stocks are not considered growth stocks. However, DUK's 560% return in the last 20 years may make investors reconsider that premise. That total return includes the company’s growing dividend, which is backed by safe, predictable revenue and earnings.
About Duke Energy
Duke Energy Corporation, together with its subsidiaries, operates as an energy company in the United States. It operates through two segments: Electric Utilities and Infrastructure (EU&I), and Gas Utilities and Infrastructure (GU&I). The EU&I segment generates, transmits, distributes, and sells electricity in the Carolinas, Florida, and the Midwest.
Read More - Current Price
- $105.93
- Consensus Rating
- Moderate Buy
- Ratings Breakdown
- 7 Buy Ratings, 6 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $122.23 (15.4% Upside)
