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Xcel Energy Rides on Strategic Investments & Customer Growth

Key Takeaways Xcel Energy plans $45B spending from 2025-2029 to expand transmission and renewable projects.Expanding customer base and 8.9 GW data center demand requests support long-term growth.XEL stock rose 5.6% in three months, beating the industry's 0.6% decline.Xcel Energy (XEL) is poised to benefit from its solid capital investment plan for infrastructure strengthening and clean power generation. The company is also gaining from an expanding customer base and rising demand. However, this Zacks Rank # ...