Reasons to Add FirstEnergy (FE) to Your Portfolio Right Now

FirstEnergy Corporation's (FE) continuous capital investments to maintain and increase resiliency enhance its performance. The modernization of the grid will help withstand severe weather conditions and ensure a constant supply of electricity even during challenging conditions. The company currently carries a Zacks Rank #2 (Buy). Let's look at the factors that are driving the stock. Growth Projections The Zacks Consensus Estimate for FE's 2024 and 2025 earnings has increased 0.75% and 0.35%, respectively, i ...