Forget AI Stocks: This Energy Stock Has AI-Sized Upside Without the Tech Stock Risk Profile
2026-02-04 06:45:00 ET
Artificial intelligence (AI) has become one of the biggest themes in investing, and it has helped to generate big enthusiasm for technology stocks during the past year. But what if there were another way to get more AI exposure in your portfolio without as much potential volatility and risk?
Well, you could also invest in pick-and-shovel plays -- companies that are supporters of the massive buildout of AI data centers, such as energy companies. The International Energy Agency projects that global electricity consumption by data centers will at least double by 2030, and many energy producers and utility companies are poised to benefit from that skyrocketing demand.
Dominion Energy (NYSE: D) is one of them. Its stock has gained 10.5% in the past year, and there are a few reasons why it could be a good buy for AI investors.
NASDAQ: D
D Trading
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