Energy Sector Stocks Poised for Growth Amid Rising Global Demand
Global electricity demand is projected to double by 2050, fueled by the expansion of AI data centers and widespread electrification. This surge presents long-term opportunities for investors in renewable energy, nuclear power, and traditional oil and gas sectors.
NextEra Energy emerges as a leader in renewable capacity, with plans to reach 81 gigawatts by 2027. Analysts maintain a Moderate Buy rating on the stock, citing its dual utility-regulatory structure and aggressive renewable expansion. The $170 billion market cap company currently trades at $83.08, with a consensus price target of $91.
Constellation Energy and Vistra are positioning for nuclear power's resurgence, leveraging AI co-location opportunities and the potential restart of Three Mile Island. Meanwhile, ExxonMobil and Chevron offer stable exposure to traditional energy markets, supported by robust Permian Basin operations and consistent dividend histories.
