Stock Pulse
Duke Energy (DUK) has applied to extend the operating license of its Robinson nuclear plant in South Carolina to 2050, aiming to secure reliable electricity and support its energy transition strategy [2], [6], [9]. This move reinforces Duke's commitment to nuclear energy and aligns with federal tax credits for nuclear power generation. The company is investing in community colleges to develop a skilled energy workforce [8] and has provided substantial grants for hurricane recovery and disaster relief [1], [3]. DUK is positioned as a stable dividend stock with a 3.37% yield [4], but a Zacks Rank of #4 (Sell) and high valuation metrics suggest potential overvaluation [7]. Q1 2025 financial results will be released on May 6th [5]. A director recently acquired additional shares [11].