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Josh Brown's "Best Stocks in the Market:" Utilities
CNBC Televisionยท2025-07-29 17:51

AI Infrastructure and Utility Sector - AI infrastructure development necessitates improved utility infrastructure [3] - Data centers are projected to account for 11% of America's total electricity demand by 2030, a significant increase from 45% currently [4] Stock Recommendations and Performance - The best stocks list includes four utility companies [3] - DTE Energy (DTE) is highlighted as a favorite, having won a rate case and been awarded $217 million due to AI infrastructure spending [5] - Centerpoint Energy (Texas), Amaran (Missouri and Illinois), and WC (Wisconsin) are also spotlighted [4] Investment Strategy - Focus on utility names for the AI trade, noting their defensive characteristics with dividend payouts [5]