American Electric Power: Buy As Investor's Focus Turns To 'Risk On'

  • AEP's unique asset mix, dominant transmission position, and FERC-regulated assets drive stable earnings and a compelling investment case despite regulatory diversity. Aggressive $54B capital plan through 2029, focuses on transmission and renewables, supports 6-8% annual EPS growth and continued dividend increases. Recent 19.9% Transmission Holdco sale at a premium boosts capital flexibility and reduces equity financing needs for future expansion.