AI Utilities - Eaton (ETN), Carrier (CARR), and Itron (ITRI)
Update: 2024-05-14
Description
Should AI investors consider utilities? What would be the best AI utilities to invest in? We discuss potential investment opportunities in AI utilities, including Eaton (ETN), Carrier (CARR), and Itron (ITRI). The massive power consumption required for training AI models and the expected growth in data centers has boosted growth potential for these "AI-adjacent" electric companies, and AI investors have responded by buying up utilities and electric companies.
AI Stocks Covered: Eaton (ETN), Carrier (CARR), Itron (ITRI), XLU (Utilities ETF)
You can find our AI utility and AI electrical company holdings and all our other holdings at https://investingintel.ai
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