Exelon (EXC) Stock May Be Below Fair Value Despite Battery Storage Plans

Exelon has delivered a 39.4% share price gain over the past five years, yet its current valuation still hinges on a simple question about its earnings power. With the stock recently closing at US$42.60, investors are asking whether that price fairly reflects what the utility group is actually generating in profit. Over 5 years the share price is up 39.4%, which puts real pressure on the earnings story to justify where Exelon now trades. The planned installation of Illinois’ largest...