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The best electric stocks depend on your portfolio and investment goals—while volatility can be ideal for day traders, long-term investors will want to look to stocks with steadier gains over time.
13 popular electric stocks to watch
We round up a selection of stocks in or related to the electricity industry, weighting the list more heavily towards popular mid- and large-cap stocks.
- Entergy Corporation (ETR)
- Exelon Corporation (EXC)
- FirstEnergy Corporation (FE)
- Edison International (EIX)
- Evergy (EVRG)
- Eversource Energy (ES)
- Alliant Energy (LNT)
- Duke Energy Corporation (DUK)
- Xcel Energy (XEL)
- Nextera Energy (NEE)
- Entergy Corporation (ETR)
- Black Hills Corporation (BKH)
- DTE Energy Company (DTE)
Compare investment accounts that help you research stocks
The electric stocks industry is affected by a range of complex factors such as trade policies, regulations, and fluctuating supply and demand. So when considering electric stocks to buy, it's important that you have access to vital information about a company's financial health, leadership team, and market positioning.
Our picks for platforms with research tools
Low margin rates
- Access to international stock exchanges
- Low margin rates
- Powerful research tools
CA & US trading
- 6% cash rebate plus $2,200 in trading perks
- Low transaction fees
- Easy-to-use app
How to invest in electric stocks
- Choose an online stock trading platform. Choose from our Top Picks above, use our comparison table below or jump straight to the best stock trading apps in Canada.
- Sign up for an account. Provide your personal information and sign up.
- Set up a funding method to pay for the transaction. Deposit funds into your account by linking your banking information.
- Choose the stocks you want to buy. Search for the stock by name or ticker symbol like ETR or EXC.
- Place your order. Buy the stock. It's that simple.
Learn more about popular electric stocks
We round up a selection of stocks in or related to the electricity industry, weighting the list more heavily towards popular mid- and large-cap US stocks.1. Entergy Corporation (ETR)
Entergy Corporation, together with its subsidiaries, engages in the production and retail distribution of electricity in the United States. It generates, transmits, distributes, and sells electric power in portions of Arkansas, Louisiana, Mississippi, and Texas, including the City of New Orleans; and distributes natural gas. It also engages in the ownership of interests in non-nuclear power plants that sell electric power to wholesale customers, as well as provides decommissioning services to other nuclear power plant owners.
- Previous close price: $131.90
- Market capitalization: $28,204,308,480
- 1 year performance: 42.49%
- P/E ratio: 15.6095
2. Exelon Corporation (EXC)
Exelon Corporation, a utility services holding company, engages in the energy distribution and transmission businesses in the United States and Canada. The company is involved in the purchase and regulated retail sale of electricity and natural gas, transmission and distribution of electricity, and distribution of natural gas to retail customers. It also offers support services, including legal, human resources, information technology, supply management, financial, engineering, customer operations, transmission and distribution planning, asset management, system operations, and power procurement services.
- Previous close price: $39.93
- Market capitalization: $39,949,963,264
- 1 year performance: 1.83%
- P/E ratio: 16.5
3. FirstEnergy Corporation (FE)
FirstEnergy Corp. , through its subsidiaries, generates, transmits, and distributes electricity in the United States. It operates through Regulated Distribution and Regulated Transmission segments.
- Previous close price: $43.17
- Market capitalization: $25,052,606,464
- 1 year performance: 23.23%
- P/E ratio: 27.8846
4. Edison International (EIX)
Edison International, through its subsidiaries, engages in the generation and distribution of electric power. The company supplies and delivers electricity to approximately 50,000 square mile area of southern California to residential, commercial, industrial, public authorities, agricultural, and other sectors. Its transmission facilities consist of lines ranging from 55 kV to 500 kV and approximately 80 transmission substations; distribution system consists of approximately 38,000 circuit-miles of overhead lines; approximately 31,000 circuit-miles of underground lines; and 730 distribution substations.
- Previous close price: $84.54
- Market capitalization: $32,852,076,544
- 1 year performance: 31.10%
- P/E ratio: 34.1647
5. Evergy (EVRG)
Evergy, Inc. , together with its subsidiaries, engages in the generation, transmission, distribution, and sale of electricity in the United States. The company generates electricity through coal, landfill gas, uranium, and natural gas and oil sources, as well as solar, wind, other renewable sources.
- Previous close price: $59.73
- Market capitalization: $13,875,665,920
- 1 year performance: 22.54%
- P/E ratio: 18.8562
6. Eversource Energy (ES)
Eversource Energy, a public utility holding company, engages in the energy delivery business. The company operates through Electric Distribution, Electric Transmission, Natural Gas Distribution, and Water Distribution segments. It is involved in the transmission and distribution of electricity; solar power facilities; and distribution of natural gas.
- Previous close price: $64.02
- Market capitalization: $22,822,604,800
- 1 year performance: 19.87%
7. Alliant Energy (LNT)
Alliant Energy Corporation operates as a utility holding company that provides regulated electricity and natural gas services in the United States. It operates in three segments: Utility Electric Operations, Utility Gas Operations, and Utility Other. The company, through its subsidiary, Interstate Power and Light Company (IPL), primarily generates and distributes electricity, and distributes and transports natural gas to retail customers in Iowa; sells electricity to wholesale customers in Minnesota, Illinois, and Iowa; and generates and distributes steam in Cedar Rapids, Iowa.
- Previous close price: $60.38
- Market capitalization: $15,487,470,592
- 1 year performance: 24.02%
- P/E ratio: 24.3468
8. Duke Energy Corporation (DUK)
Duke Energy Corporation, together with its subsidiaries, operates as an energy company in the United States. It operates through two segments: Electric Utilities and Infrastructure (EU&I), and Gas Utilities and Infrastructure (GU&I). The EU&I segment generates, transmits, distributes, and sells electricity in the Carolinas, Florida, and the Midwest.
- Previous close price: $115.09
- Market capitalization: $88,162,295,808
- 1 year performance: 33.05%
- P/E ratio: 19.5162
9. Xcel Energy (XEL)
Xcel Energy Inc. , through its subsidiaries, engages in the generation, purchasing, transmission, distribution, and sale of electricity. It operates through Regulated Electric Utility, Regulated Natural Gas Utility, and All Other segments.
- Previous close price: $63.02
- Market capitalization: $35,083,538,432
- 1 year performance: 9.08%
- P/E ratio: 18.7851
10. Nextera Energy (NEE)
NextEra Energy, Inc. , through its subsidiaries, generates, transmits, distributes, and sells electric power to retail and wholesale customers in North America. The company generates electricity through wind, solar, nuclear,natural gas, and other clean energy.
- Previous close price: $82.91
- Market capitalization: $170,409,082,880
- 1 year performance: 56.21%
- P/E ratio: 26.6592
11. Entergy Corporation (ETR)
Entergy Corporation, together with its subsidiaries, engages in the production and retail distribution of electricity in the United States. It generates, transmits, distributes, and sells electric power in portions of Arkansas, Louisiana, Mississippi, and Texas, including the City of New Orleans; and distributes natural gas. It also engages in the ownership of interests in non-nuclear power plants that sell electric power to wholesale customers, as well as provides decommissioning services to other nuclear power plant owners.
- Previous close price: $131.90
- Market capitalization: $28,204,308,480
- 1 year performance: 42.49%
- P/E ratio: 15.6095
12. Black Hills Corporation (BKH)
Black Hills Corporation, through its subsidiaries, operates as an electric and natural gas utility company in the United States. The company operates in two segments: Electric Utilities and Gas Utilities. The Electric Utilities segment generates, transmits, and distributes electricity to approximately 222,000 electric utility customers in Colorado, Montana, South Dakota, and Wyoming; and owns and operates 1,394 megawatts of generation capacity and 9,106 miles of electric transmission and distribution lines.
- Previous close price: $60.45
- Market capitalization: $4,248,380,928
- 1 year performance: 22.43%
- P/E ratio: 15.0767
13. DTE Energy Company (DTE)
DTE Energy Company engages in the utility operations. The company's Electric segment generates, purchases, distributes, and sells electricity to various residential, commercial, and industrial customers in southeastern Michigan. It generates electricity through coal-fired plants, hydroelectric pumped storage, and nuclear plants, as well as wind and solar assets.
- Previous close price: $125.58
- Market capitalization: $25,850,587,136
- 1 year performance: 32.67%
- P/E ratio: 18.6652
Buy electric stocks from these online trading platforms
Compare special offers, low fees and a wide range of investment options among top trading platforms.Note: The dollar amounts in the table below are in Canadian dollars.
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Bottom line
While it's possible to turn a profit investing in electric stocks, keep in mind that—like any investment—electric stocks are not immune to risk. These stocks are subject to fluctuating conditions both in the market and in the electricity industry, so carefully vet your picks before you invest. If you're new to investing or if it's been a while since you've taken a critical look at your investment accounts, compare brokers to make sure you're getting the best trading features for your needs.
Related: How to buy stocks in Canada
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.
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