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The scale of energy needed for AI is astounding, and these companies are ready to provide it.
Artificial intelligence uses an incredible amount of energy, and huge energy deals are already being signed. In this video, Travis Hoium covers four stocks that should have a decadelong tailwind as energy needs grow.
*Stock prices used were end-of-day prices of Sept. 23, 2024. The video was published on Sept. 24, 2024.
Travis Hoium has positions in NextEra Energy Partners. The Motley Fool has positions in and recommends Brookfield Renewable, Constellation Energy, Microsoft, NextEra Energy, and Oracle. The Motley Fool recommends Brookfield Renewable Partners and Dominion Energy and recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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