12 Best Stocks Under $100 to Invest In Now

8. The Southern Company (NYSE:SO)

Market Price: $91.80

Number of Hedge Fund Holders: 54

The Southern Company (NYSE:SO) is one of the Best Stocks Under $100 to Invest In Now. On April 30, the company reported Q1 2026 earnings of $1.4 billion, or $1.21 per share, compared to the earnings of $1.3 billion, or $1.21 per share, in Q1 2025. For Q1 2026, The Southern Company (NYSE:SO)’s adjusted EPS stood at $1.32 per share, which was 9 cents higher than in 2025 and 12 cents above its estimates. The primary drivers include strong customer growth and higher usage, including from data centers, at the state-regulated electric utilities.

Furthermore, higher revenues in the gas utilities and elevated energy-related revenues at unregulated businesses, including Southern Power, favourably impacted Q1 2026. The Southern Company (NYSE:SO) further noted the historic $26.5 billion in loan agreements with the Department of Energy.

It expects such loans to translate into significant long-term customer savings while, at the same time, reducing the pressure on capital market needs. Over the term of 30 years of DOE loans, this lower-cost financing is expected to result in cumulative savings of $7 billion for customers.

The Southern Company (NYSE:SO) is an Atlanta-based utility holding company that serves electric and natural gas customers.