American Electric Power (AEP), is one of the largest providers of electric service, including generation, transmission, and distribution in the United States, and is a buy for the total return investor and income investor. The management of AEP is good and has continued to grow the business by using its cash to expand and adding to its existing facilities. American Electric Power is being reviewed using The Good Business Portfolio guidelines, my IRA portfolio of good business companies that are balanced among all styles of investing.
When I scanned the five-year chart, American