American Electric Power Company, Inc. (NASDAQ:AEP) is one of the stocks Jim Cramer put under the spotlight. Cramer noted that he has been a big fan of the stock for 20 years, as he commented:
“AEP’s had a tremendous run this year with a stock up 25% year to date, thanks to load growth in the data centers… On the last conference call, AEP said it now projects a staggering 24 gigawatts of new customer load by 2030, which was a 14% increase from what they forecasted just three months before. That’s how fast the story’s moving. At the same time, AEP said its customers are actively looking to connect an additional 190 gigawatts of load to their system.
American Electric Power Company, Inc. (NASDAQ:AEP) generates, transmits, and distributes electricity using coal, natural gas, nuclear, renewable, and other energy sources.
While we acknowledge the potential of AEP as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.
Disclosure: None. This article is originally published at Insider Monkey.
View Comments
Jim Cramer on American Electric: “I Am a Big Fan, Have Been for 20 Years”
Published 1 month ago
Oct 9, 2025 at 2:58 PM
Neutral
Auto