Chart of the Day: American Electric Power

Below is the annual 52-week low for American Electric Power (AEP) from 1958 to 1968.  We’ve also included the Effective Fed Funds Rate as a comparison to show how utility stocks perform against the backdrop of rising interest rates.

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In this example, the Effective Fed Funds Rate increased from 2.42% to 6.02%.  Meanwhile, American Electric Power (AEP) had a 52-week low range from $17.75 to $32.50.

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