Reported 1 day ago
Utility stocks are experiencing a rebound following a decline triggered by the Chinese AI startup DeepSeek. Paul Zimbardo from Jefferies warns that the sector is still facing challenges, as the DeepSeek situation introduces uncertainty to previously optimistic investor expectations about AI-driven energy demands. Despite the concerns, Zimbardo suggests two investment options: PPL Corporation for traditional utility exposure and Talen Energy Corporation in the power sector.
Source: YAHOO