Energy stocks have been many investors' favorites for a long time. The energy sector incorporates various sub-industries and companies within them such as natural gas, coal, oil and alternative clean energy.
AES is projected to gain from expanding renewable generation and decreasing carbon emissions from its portfolio amid the impacts of declining wholesale prices.
AES Corporation CEO Andrés Gluski said the "euphoria" over nuclear power has been a "little overblown." AES is a major power provider for large tech companies building out data centers, with more than 40% of its backlog coming from customers including Amazon, Microsoft and Google.
While artificial intelligence is all the rage these days, investors need to think about the darker side of this narrative, which brings us to energy stocks to buy. You didn't think that AI is “free,” did you?