Utilities AEP, PEG, and AVA are likely to beat four-quarter earnings estimates, courtesy of stable demand for their services, new rates and systematic investments to provide high-quality services to customers.
On the back of stability in demand and improving economic conditions, certain stocks from the Zacks Utility sector deserve investors' attention in 2022.
Electric power utilities like CNP, LNT and IDA are poised to benefit from the increasing demand for utility services. The utilities have well-chalked out capital investment plans to upgrade infrastructure.