The AES Corporation (NYSE:AES) is one of the largest regulated electric utilities in the world, boasting operations in fifteen different countries including the United States. As I have pointed out quite a few times in the past, utilities are among the most popular investments among retirees and other conservative investors. This is partly due to the fact that they tend to be highly stable entities with consistent cash flows. They also tend to deliver slow but steady growth on an annual basis. AES is no exception to this, which was showcased by the company’s latest results.
