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Build a Slow Position in FirstEnergy As Utilities Giant Rebuilds Trust InvestorPlace 2/24/2021 Oftentimes, retirees will own shares of a large utilities company like FirstEnergy (NYSE: FE) as an alternative to government bonds. However, while FE stock does indeed offer excellent yield, it’s anything but boring. © Provided by InvestorPlace two light bulbs with grey sky in the background There was a time when FE stock relentlessly powered its way upwards, only to crash to gut-wrenching lows. And, the share-price collapse can’t simply be blamed on the Covid-19 pandemic. The recent history of FirstEnergy involves a scandal, as well as a newly appointed board member who might be able to help put the pieces back together.

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