Amid geopolitical flashpoints and economic uncertainties, investors may consider the relative safety of public utility Exelon Corp (EXC). So far this year, Exelon has outperformed the utilities sector, thanks to a strong return of nearly 15% since the January opener. Over the past 52 weeks, EXC stock has gained more than 22%.
At the same time, since late April, the security has been struggling for momentum, losing about 8%. Still, on a fundamental level, EXC stock commands significant relevance. Throughout much of the post-COVID-recovery period, a prevailing theme has been everyday consumers struggling to make ends meet. However, the cynical reality is that utilities represent a frontline service — you cut that off and you’re not getting far in this modern economy.
