Valued at a market cap of $95.3 billion, Duke Energy Corporation (DUK) is an electric power and natural gas holding company. The Charlotte, North Carolina-based company generates electricity through coal, hydroelectric, natural gas, oil, renewables, and nuclear fuel. It is actively investing in renewable energy projects and aims to achieve net-zero carbon emissions by 2050.
This energy company has outpaced the broader market over the past 52 weeks. Shares of DUK have surged 19.9% over this time frame, while the broader S&P 500 Index ($SPX) has gained 8.6%. Moreover, on a YTD basis, the stock is up 13.8%, compared to SPX’s 4.3% downtick.
