These are their five year stock gains, with the general market for reference.
Market (SP500): 68%
Market(tech): 89%
XEL: +20%
AEP: +51%
SO: +47%
EIX: -5%
CPK: +2.5%
AQN: -64%
NGG: +30%
NEE: -3.5%
Looks like a pretty bad industry for profits, even stacking the dividend on AEP, it still comes up short of SP500.
Utility companies get local monopolies and in exchange their prices are regulated. Consequently they have moderate but stable, essentially guaranteed, returns.
https://www.finra.org/investors/insights/concentration-risk
https://en.wikipedia.org/wiki/Concentration_risk
https://ncua.gov/regulation-supervision/letters-credit-union...
That makes very little sense.
And stock price is not a measure of profit.
Although, a 5 year investment term is too short for comparing equity returns for a long term investment.