Valued at a market cap of $32.4 billion, WEC Energy Group, Inc. (WEC) provides regulated natural gas and electricity and renewable and non-regulated renewable energy services. The Milwaukee, Wisconsin-based company generates and distributes electricity from coal, natural gas, oil, and nuclear, as well as renewable energy resources, including wind, solar, hydroelectric, and biomass.
Shares of this utility company have outpaced the broader market over the past 52 weeks. WEC has rallied 35.7% over this time frame, while the broader S&P 500 Index ($SPX) has gained 23.5%. Moreover, on a YTD basis, the stock is up 10.4%, compared to SPX’s 4% gain.
