BME:IBEElectric Utilities
Is Iberdrola’s Stock Rally Justified After Recent Q1 Earnings Beat?
If you are on the fence about Iberdrola stock right now, you are definitely not alone. With shares advancing 2.0% in just the past week and boasting a year-to-date return of 18.6%, it is no wonder investors are taking a closer look. The past year’s impressive 21.7% gain, and a staggering 85.3% rise over the last three years, have made this Spanish utility a standout on European markets. Market optimism has only grown as renewables continue to play a bigger role in global energy transitions...