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Barchart
Barchart
Kritika Sarmah

Is AES Corporation Stock Underperforming the Nasdaq?

Based in Arlington County, Virginia, The AES Corporation (AES) is a diversified power generation and utility company. With a market cap of $13.7 billion, the company generates and transmits energy through its various thermal and renewable power generation facilities and distributes it through its distribution businesses. 

Companies valued at $10 billion or more are generally considered "large-caps," and AES Corporation fits this criterion perfectly, signifying its substantial size, stability, and influence in the diversified utility industry. Its leadership in renewable energy is highlighted by its portfolio, with over 53% in clean energy sources, positioning the company for success in the growing sustainable energy market.

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