Why Southern Company Stock Surged 45% in 2019
Utilities don't typically produce market-smashing returns. That's what makes Southern Company's (NYSE: SO) 2019 so spectacular: It delivered an eye-popping 45% gain last year, according to data provided by S&P Global Market Intelligence. That easily outpaced the S&P 500, which rallied an impressive 28.9% in 2019. Add in dividends, and the outperformance widened to a total return of 51.7% for Southern versus 31.5% for the S&P.
Here's a look back at what powered Southern Company's strong year.
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Source Fool.com
