5 Best Utility Stocks to Buy According to Financial Media

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1. Duke Energy Corporation (NYSE:DUK)

Number of Hedge Fund Holders: 39

Number of Times Stock Appeared in Top Picks of Financial Media: 7

Duke Energy Corporation (NYSE:DUK) is a North Carolina-based energy company. On December 20, investment advisory Mizuho maintained a Neutral rating on Duke Energy Corporation (NYSE:DUK) stock and raised the price target to $100 from $89. 

At the end of the third quarter of 2023, 39 hedge funds in the database of Insider Monkey held stakes worth $428 million in Duke Energy Corporation (NYSE:DUK), the same as in the preceding quarter worth $510 million. 

You can also take a peek at 13 Most Profitable Renewable Energy Stocks and 14 Cheap DRIP Stocks To Buy Now.

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