Reasons to Add Duke Energy (DUK) to Your Portfolio Right Now

Duke Energy’s (DUK) solid investment plan over the next five years to maintain and upgrade its infrastructure should boost the company’s performance. It will further benefit from a strong solvency position.Let’s explore the factors that make this Zacks Rank #2 (Buy) company a strong investment pick at the moment.Growth ProjectionsDuke Energy’s long-term (three to five-year) earnings growth rate is pegged at 5.3%.The Zacks Consensus Estimate for DUK’s 2024 earnings per share (EPS) stands at $5.97, indicating ...