With year-to-date gains of over 14%, American Electric Power Company (AEP) stock is outperforming the market by a wide margin this year. The stock also has a healthy dividend yield of 2.88%, which, while below its level at the beginning of the year, remains quite strong. In my previous article, I had noted that AEP stock was a buy amid the rise in tensions between the U.S. and Europe over Greenland. While these issues have since subsided, at least for now, global geopolitical tensions are running at elevated levels amid the war in Iran. Let's now examine whether AEP is still a buy despite double-digit gains this year.
