AEP's Surging Stock: What's Behind the Utility's Unexpected Rise American Electric Power (AEP) has seen its stock soar 34.
1% over the past 52 weeks, a remarkable run considering the utility industry's often staid reputation and AEP's relatively modest growth prospects compared to peers.
The company's ascendance can be attributed in part to its aggressive expansion plans, driven by rapidly growing demand for electricity from data centers and other large energy users.