Is Duke Energy a Good Investment?

PHOTO CREDIT: Duke Energy

OVERVIEW

Duke Energy Corporation is a company based in the United States. The company operates a regulated energy utility company in some states across the nation. The company produces, stores, distributes, and sells electricity to contracted counties and cities. The company offers these services to over 7.8 million customers. The company was founded in 1904.

Why You Should?

Why You Should Not?

MY OPINION

I think that Duke Energy is a great long-term investment due to its position as a safe investment option, its position as a good reopening play, its future innovations, as well as electricity, becoming the future of the energy industry. However, tough competition, negative impacts from the pandemic, as well as tough regulation might hurt the company and its investors in the future.

Aaditya Patel is a writer who publishes analysis on companies publicly traded on the NYSE. Follow him @the_investing787 on Instagram for summary posts.