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2 Utility Stocks to Buy This January

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          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
Meta (Facebook), Microsoft, Nvidia, and Tesla - all have one aspect of technology in common. They all have a division of their business devoted to artificial intelligence (AI). Excitement and anticipation over the potential of AI to revolutionize many aspects of both business and personal
The article from MSN Money discusses two utility stocks recommended for investment in January: NextEra Energy (NEE) and Duke Energy (DUK). NextEra Energy is highlighted for its leadership in renewable energy, particularly wind and solar, offering both growth potential and a stable dividend with a yield of about 3.1%. The company has a track record of increasing its dividend annually for over 25 years. Duke Energy, on the other hand, is praised for its diversified operations across electric utilities, gas utilities, and commercial renewables, providing a more traditional utility investment with a higher dividend yield of approximately 4.3%. Duke has also consistently raised its dividend for over a decade. Both companies are seen as safe havens due to the essential nature of their services, offering stability and income in an uncertain economic environment.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/top-stocks/2-utility-stocks-to-buy-this-january/ar-AA1xC8OW ]