The Income Investor

MDU Resource Group Offers Growth Prospects In Utility Space

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Utility stocks are a favorite among investors searching for steady income. While traditionally low-growth stocks, surging demand from AI data centers has changed that picture for many companies. MDU Resource Group (MDU), a member of IBD's Utility Leaders List, is one such stock. Headquartered in Bismarck, N.D., MDU supplies natural gas to 1 million customers and electricity to 145,000 customers,…