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Aes stock price with bond yields stabilizing
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With bond yields stabilizing, AES stock price is under watch for renewed dividend appeal. Utilities often outperform in yield-favorable environments, which could bolster investor positioning. Although valued under $11 billion in market capitalization -- even after today's share price spike -- AES carries a boatload of debt, about $29.5 billion net of cash. Acquiring AES at today's price would actually cost BlackRock's subsidiary (Global Infrastructure Partners is named as the acquirer) more than $40 billion, including assumed debt. While AES currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys. AES stock price consolidation suggests accumulation ahead of possible Q4 sector rally. Defensive characteristics of utility stocks remain appealing amid equity market uncertainty.