American Water WorksNYSE: AWK

Many utilities stocks have taken off in 2024 due to the increased demand for electricity to power AI data centers.

With the key event of the year, the Federal Reserve's interest rate cuts, now behind us, investors are looking for safe places to invest their money amid possible market fluctuations in the next few months. To maintain a stable portfolio, it is advisable to include a good amount of low beta stocks, which tend to have smaller daily price changes compared to the S&P 500 index.

ST. LOUIS--(BUSINESS WIRE)-- #wekeeplifeflowing-- Missouri American Water is giving over $46,000 to fire departments and emergency response groups through its 2024 Firefighter Grant Program. This yearly initiative offers extra funding for essential equipment, training, and community education. Since its launch in 2016, nearly 290 grants have been distributed.

American Water Works (NYSE:AWK) has announced that it will share its earnings for the third quarter and its forecasts for 2025 on October 30th. The company will hold a conference call and webcast for investors the next morning.

AWK shows a solid investment opportunity due to increasing earnings forecasts, long-term investments, and benefits from both organic growth and acquired assets.

Investors focusing on the Utility - Water Supply sector may be familiar with Veolia Environnement SA (VEOEY) and American Water Works (AWK). However, which of these companies is the better choice for those seeking undervalued stocks?

BELLEVILLE, Ill.--(BUSINESS WIRE)--The American Water Charitable Foundation (AWCF), a nonprofit created by American Water, the biggest regulated water and wastewater utility in the U.S., along with Illinois American Water, has announced that they are now accepting applications for the Inclusion, Diversity & Equity Grant. This program will offer funding to community organizations and schools to promote inclusion, diversity, and equity.

CAMDEN, N.J.--(BUSINESS WIRE)--American Water (NYSE: AWK), the biggest regulated water and wastewater utility in the U.S., has announced its participation in the 2024 Environmental Congress hosted by the Association of New Jersey Environmental Commissions. This event is scheduled for Friday, September 27th, in Mount Laurel, New Jersey, and is sponsored by American Water's state subsidiary, New Jersey American Water. Lauren Weinrich, who is a Principal Scientist in Research & Development, will also be involved.

Water companies like AWK, SBS, AWR, and SJW are expected to do well because there is a steady need for water and wastewater services. These utilities, which require a lot of investment, will likely benefit from lower interest rates.