If history is any guide, it will be very difficult to correctly select the few AI stocks that will end up winners. But there is one thing that every AI winner will need a lot of: electricity.
Perhaps the safest way to play the AI electricity demand increase is with a regulated electric utility. Regulated utilities are granted monopolies in the areas they serve, so they have a pretty strong head start when it comes to supplying AI’s needs. But there are big and small utilities, so there are still different ways to play this angle.
Dividend investor or growth investor, there’s likely to be an electricity option that will meet your investment needs around AI here.
This post originally appeared at The Motley Fool.