Artificial intelligence stocks are trading at incredibly high prices right now, and it's not clear that any of the companies involved have a big moat. But if AI is indeed a long-term growth driver, there's one industry that will have to grow at unusually high rates -- and that's energy.
In this video, Travis Hoium explains some of the demand challenges and where investors can find opportunities.
*Stock prices used were end-of-day prices of Feb. 27, 2024. The video was published on Feb. 28, 2024.
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Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Travis Hoium has positions in First Solar and NextEra Energy Partners. The Motley Fool has positions in and recommends Amazon, Meta Platforms, Microsoft, NextEra Energy, Nvidia, and Tesla. The Motley Fool recommends Brookfield Renewable Partners and First Solar 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.
