Is AEP Stock Overvalued After Recent Renewable Energy Initiatives and 31% YTD Gain?

American Electric Power Company's shares have gained 31% YTD and 28.5% over the last year. Recent renewable energy investments and grid upgrades have contributed to the company's rising profile. The stock scores a 3 out of 6 based on key metrics, indicating room for improvement. The Dividend Discount Model analysis suggests the stock is overvalued by 14.1% based on its consistent dividend and growth expectations.