AI Boosts Utility Power Demand
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new power load growthTipRanks
•RBC Picks 2 Utility Stocks Powering the Data Center Revolution
82% Informative
RBC ’s Shelby Tucker , a 5 -star analyst rated in the top 2% of the Street's stock pros, has zeroed in on two utility stocks.
The first utility stock we’ll look at is AES Corporation , a power company with an extensive portfolio of generating capacity and other assets.
The company prides itself on its ability to match the facilities to the local needs.
The 11 recent reviews here include 9 to Buy and 1 to Hold and Sell , each, for a Moderate Buy consensus rating.
AES stock is priced at $ 13.29 and its $ 20.56 average target price implies that the shares will gain 55% in the coming months .
Brookfield Renewable Partners boasts that its operating capacity exceeds 35,000 megawatts .
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