The AES Corp
AES: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$42.00 | Mjqtx | Dwbjzsgx |
AES' Renewable Energy Portfolio Drives Earnings Growth
Business Strategy and Outlook
AES has narrowed its geographic and business focus by selling businesses in markets where the company did not have a strong platform or competitive advantage. We think his strategy has been in the best interest of shareholders. The company now has operations in fewer countries, a stronger balance sheet, and a rapidly growing renewable energy business.