5 Best Regulated Electric Stocks to Buy According to Hedge Funds

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In this article, we will list the 5 Best Regulated Electric Stocks to Buy According to Hedge Funds. Please visit 10 Best Regulated Electric Stocks to Buy According to Hedge Funds if you’d like to see an extended list and how we came up with the list of best Regulated Electric stocks.

5. The Southern Company (NYSE:SO)

The Southern Company (NYSE:SO) is one of the 10 best regulated electric stocks to buy according to hedge funds.

On March 5, Evercore ISI upgraded The Southern Company (NYSE:SO) stock to an Outperform rating from In Line, and increased its price target to $111 from $103.

The firm stated that it still regarded The Southern Company (NYSE:SO) as a core foundational utility holding business, which has led to it becoming incrementally bullish over the last two months. Evercore believes that the stock is due for another breakout to all-time highs, driven by potential additions to the company’s capital plan. These developments will be driven by a favorable regulatory environment and strategic economic development initiatives.

On March 4, KeyBanc upgraded The Southern Company (NYSE:SO) from an Underweight rating to Sector Weight. KeyBanc’s upgrade reflects a recognition of Southern Company’s valuation compression relative to its utility peers. The firm also noted that recent revisions to earnings growth guidance, combined with constructive operational news flow, suggest a stabilizing fundamental outlook.

The Southern Company (NYSE:SO) operates as a comprehensive energy holding firm, managing a massive, vertically integrated infrastructure. They bridge the gap between generation and delivery by providing retail and wholesale electric services, alongside natural gas distribution and resilient energy solutions, ensuring reliable power across residential, industrial, and governmental sectors nationwide.

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