Stocks like Oklo, Constellation Energy, and Bloom Energy have potential for significant growth
From Nasdaq: 2025-01-22 01:14:00
- Energy Consumption to Soar: Microsoft founder Bill Gates highlights the revolutionary potential of technologies like OpenAI’s ChatGPT, powered by Nvidia chips. Worldwide AI spending is projected to double by 2028. Data center energy consumption will double or triple by 2028, leading to increased demand for energy solutions.
- Stocks Benefiting from Energy Consumption: Oklo, a nuclear technology company, aims to provide clean energy solutions. Constellation Energy, a leading American energy company, recently acquired Calpine Corp. in a deal that is seen as 20% accretive to EPS. Bloom Energy, supplying fuel cells to American Electric Power, is set for significant growth.
- Potential for Growth: With the AI revolution and new energy-friendly policies in place, stocks like Oklo, Constellation Energy, and Bloom Energy have the potential to soar. Analysts are bullish on these companies, recognizing their potential for significant growth in the evolving energy landscape. Don’t miss out on Zacks’ top stock picks for potential gains.
Read more at Nasdaq: Zacks Investment Ideas feature highlights Microsoft, Nvidia, Oklo, Constellation and Bloom