Summary
Duke Energy provides a risk-averse investment opportunity.
The company displays strong business advantages.
Duke Energy offers an attractive dividend for a reasonable price.
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Research into the domestic utilities sector led me to one of the largest electric utility stocks in the United States, Duke Energy (DUK). DUK has been fulfilling domestic utility needs for over 100 years; the company currently serves 7.6 million electrical customers and 1.6 million gas customers in six states. As markets vacillate over trade and economic concerns, investors are inclined to readjust their portfolios to more risk-averse holdings. DUK offers a number of compelling investment characteristics ranging from an attractive dividend yield of 4.34%, a consumer-defensive business, stable stock appreciation, as well as an appealing valuation. This article provides an in-depth assessment of DUK's business, financial health, growth vectors, and other relevant characteristics.
