The energy sector is going through massive changes. Obviously, one of the key drivers for energy stocks is simple math. With global population growth, the more humans that exist, the more resources that they consume. But the biggest catalyst for power producers and related resource enterprises may be technology.
Yes, we can talk about artificial intelligence. Thanks to the rise of generative AI and the data centers that undergird the innovation, power demands have skyrocketed; so much so that The Washington Post warned earlier this year that the U.S. is running out of power.
While advanced technologies command the spotlight, they also consume resources, bringing attention to these energy stocks to buy.
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