Arlington, Virginia-based The AES Corporation (AES) operates as a diversified power generation and utility company that provides affordable, sustainable energy through their diverse portfolio of thermal and renewable generation facilities as well as distribution businesses. The company is valued at a market cap of $8 billion.
Shares of this utility company have significantly lagged behind the broader market over the past 52 weeks. AES has declined 33.6% over this time frame, while the broader S&P 500 Index ($SPX) has gained 23.3%. Moreover, over the past six months, the stock is down 35.8%, compared to SPX’s 11.7% rise.
