PPL Stock Underperforms Its Industry in the Past Month: How to Play?

PPL Corporation's shares fell 5.2% in the past month, underperforming its industry. While the company benefits from rising data center demand and plans $23 billion in regulated infrastructure investment through 2029, it trades at a premium valuation with below-industry ROE of 9.33% versus 11.4%, suggesting investors may wait for a better entry point. The stock holds a Zacks Rank #3 (Hold) rating.