Exelon Corp

NASDAQ: EXC
$36.68
+$0.26 (+0.7%)
Closing price April 18, 2024
Exelon Corp is a leading utility service provider based in Chicago, Illinois, specializing in the distribution and transmission of electricity and natural gas across the United States and Canada. Founded in 1999, Exelon plays a crucial role in powering homes, businesses, and governmental entities, ensuring reliable energy supply. Beyond energy delivery, the company extends its expertise to a variety of support services, including legal, IT, financial, and engineering, catering to a diverse clientele that ranges from local municipalities to large industrial complexes.
Utility companies are among the favorite defensive investments during periods of financial turmoil. Utilities may have even more value to investors as the world struggles to escape from the COVID-19...
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It seems almost impossible and even feels treasonous to consider that utilities could potentially have problems with their dividends.
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Credit Suisse has identified some of its favorite Outperform-rated stocks among the integrated and regulated utilities.
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These are eight great Merrill Lynch stock ideas for the first quarter make good sense for growth portfolios looking to perhaps takes some profits and move to new positions.