Best AI Energy Stocks to Buy in 2026 and Hold Forever

Core Insights - The AI Energy Trade is identified as a significant megatrend on Wall Street, with long-term investors encouraged to invest in stocks related to this trend, particularly in sectors like nuclear energy, natural gas, solar, and battery storage [1][2] Industry Overview - The AI age is expected to drive a 25% increase in U.S. electricity demand by the end of the decade and a growth of 75% to 100% by 2050 [2] - Total AI hyperscaler capital expenditures are projected to reach $530 billion in 2026, up from approximately $400 billion in the previous year [4] - Global data center infrastructure spending is anticipated to hit around $7 trillion by 2030, with $1.3 trillion allocated to power generation and the broader energy sector [4] Company Highlights - Taiwan Semiconductor (TSM) has increased its capital expenditure guidance to between $52 billion and $56 billion for 2026, indicating strong growth in AI-related spending [3] - Cameco (CCJ), a leading uranium miner, is projected to grow its adjusted earnings by 100% in FY25 and 55% in FY26, with its stock having surged 800% over the past five years [11][12] - GE Vernova (GEV) is positioned as a strong player in the AI energy sector, with a projected revenue increase to $52 billion by 2028 and a significant backlog growth from $135 billion to $200 billion by 2028 [19][24] Strategic Moves - Major tech companies like Meta and Alphabet are securing long-term power agreements with energy firms to support their AI growth, reflecting a commitment to expanding energy capacity [5][7] - The U.S. government aims to quadruple nuclear energy capacity by 2050, with initiatives to facilitate long-term power deals for AI hyperscalers [8] Market Performance - GEV stock has increased by 385% since its IPO in April 2024, outperforming competitors like Nvidia and Taiwan Semiconductor [24] - Cameco trades at an 85% discount to its historical highs, indicating potential value for investors interested in uranium [14]