Jan. 8 at 11:14 PM
Back to back deep red days in popular utilities, and its been a trend as we see this electricity trade mature and rotate.
$CEG $VST
Just like we saw the AI trade internally rotate from chips and designers
$NVDA/AVGO to memory
$MU $SNDK, we are now seeing the power trade rotate from power producers to other parts of the sector.
Markets are slowly figuring out that, yes, these producers will be extremely valuable and the only way we can keep up with soaring electricity demands, but there is a another aspect that has yet to have been valued in power.
We discuss this and more, including an electricity pick with potentially 100% upside as this rotation commences in our latest piece, check it out (claim free article if you'd like, we are really proud of the work and would love for you to read it):
https://kryptonresearch.substack.com/p/ai-powers-ahead