Power Plays: 3 Utility Stocks Getting a Charge From Wall Street
stellation Energy (CEG) investorplace.com·2024-05-25 01:28
Utility stocks gained 11% over the last month, intriguing investors about which utility stocks to buy next in light of the unusual market outperformance. This is due to two major technology shifts that could lead the sector to strong returns for years.The first driver is tied to increased energy demand driven by artificial intelligence (AI). A typical AI search uses 15 times more energy than a traditional internet search nowadays. This pushes electricity consumption up for the first time in decades, as AI d ...