As people rely more and more heavily on their devices, they also rely on electricity, which is why American Electric Power looks attractive even during a downturn.
In a slowing economy, similar to the one we are in, I tend to focus on companies that offer inelastic goods and services, because people are still going to buy themAnd in today's device-heavy world, people need power, specifically electricity, almost as much as they need staples such as food and grooming items. Indeed, as we can see in the chart b...
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