Xcel Energy stock price crept up to $58.78 following positive analyst coverage on renewable asset performance. The stock benefits from predictable earnings and a consistent dividend policy. Overall, XEL ranks 5th among the most undervalued utility stocks to buy according to analysts. While we acknowledge the potential of XEL as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than XEL but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock . 111 Capital lifted its holdings in shares of Xcel Energy Inc. ( NASDAQ:XEL - Free Report ) by 78.2% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 18,805 shares of the company's stock after acquiring an additional 8,253 shares during the quarter. 111 Capital's holdings in Xcel Energy were worth $1,281,000 as of its most recent filing with the SEC. Xcel Energy stock price recently ticked up to $58.75 after the company announced expansion in its wind energy portfolio. Analysts project moderate upside over the next 12 months, driven by renewable integration and cost efficiency.