Bank of America has identified 10 key stocks poised to benefit from data center infrastructure demand. The list spans power generation, industrial equipment, and utility companies.
1. GE Vernova (NYSE:GEV)
The energy spin-off from General Electric tops the list, providing power generation equipment critical for data centers.
2. Caterpillar (NYSE:CAT)
Industrial equipment manufacturer supplies backup power systems and infrastructure for data centers.
3. Sempra (NYSE:SRE)
Energy infrastructure company operates utilities serving data center facilities.
4. DTE Energy (NYSE:DTE)
Detroit-based utility provides electricity and gas to commercial customers including data centers.
5. Evergy (NYSE:EVRG)
Utility serving Kansas and Missouri, where data center development continues.
6. Talen Energy (NASDAQ:TLN)
Independent power producer selling electricity to wholesale markets.
7. EVE Energy (SHE:300014)
Chinese battery manufacturer producing energy storage for backup power.
8. CMS Energy (NYSE:CMS)
Michigan-based utility providing electric and gas services.
9. Wartsila OYJ (HEL:WRT1V)
Finnish technology company manufacturing power generation equipment and energy management systems.
10. PPL Corp (NYSE:PPL)
Utility serving Pennsylvania, Kentucky, and the UK with electricity distribution.
This information is provided by Bond.az.
