Published on 28 May 2024 on Zacks via Yahoo Finance
How Utilities Stocks and ETFs Became the Hot AI Play
(1:00) - The Impact of AI On The Demand For Electricity(8:20) - Will Alternative Energy Play A Role In Supplying These Data Centers?(13:50) - Should You Be Adding Utility Stocks To Your Portfolio Right Now?(18:30) - Virtus Reaves Utilities ETF: UTES(27:40) - Episode Roundup: XLU & VPU [email protected]
In this episode of ETF Spotlight, I speak with Jay Rhame, CEO of Reaves Asset Management, about utility stocks that have become the new AI play. Jay is co-portfolio manager of the Reaves Utility Income Fund and the Virtus Reaves Utilities ETF UTES.