Investment Thread

Though it could be perceived as a political comment, it truly isn't - Trump's decisions to be hostile towards green energy which seem to be solely driven by the desire to zag when the Democrats zig is tremendously short-sighted and is bad for business. As you noted, this country's energy needs are growing at a very rapid pace and we don't have the sources to keep up - there are not enough coal mines or whatever else he wants to keep up, so we need everything we can find, and quickly. It is all hands on deck so unlike how it might have been perceived in the recent past, green energy and fossil fuels are no longer a zero sum game - he can buddy up to the old school energy business that was dying while also encouraging green sources.

These data centers and AI facilities are being built very quickly and gobble up tons of energy. And the grid isn't ready for it. And those building them really don't care. Some energy providers are reacting more strategically to this than others. Mom and pop who need energy to turn on the lights could end up getting left in the dust. Which isn't good.

Data centers also use lots of water for cooling which is another problem in certain areas. One solution that I've heard that helps a little bit is reusing non-potable water for cooling, but I think that only goes so far.

Oh, I agree, if your goal is to try to ensure electricity supply can meet electricity demand while not crushing the consumer with electricity costs, an all of the above strategy is necessary --- and there's no way any type of major generation infrastructure gets greenlit, let alone built, in time to keep up with the rising demand.
 
Oh, I agree, if your goal is to try to ensure electricity supply can meet electricity demand while not crushing the consumer with electricity costs, an all of the above strategy is necessary --- and there's no way any type of major generation infrastructure gets greenlit, let alone built, in time to keep up with the rising demand.
Totally agree. But, for example, Trump tried to stop construction on a wind farm off the coast of New England that was near completion. I'm sure he tried to spin this in a way that made him seem virtuous to those who generally feel that way towards him, but it made no sense - as you noted, we need capacity asap and this was almost done. It was not going to fully solve our problems but every little bit helps - you have to start somewhere.

Again - not being political here - this is just common sense.
 
I currently own
NEE - NextEra Energy
SO - Southern Company

I don't own EVRG - Evergy but have been watching it, and I probably should own it.

If anyone has thoughts on any of these or others I'd love to hear. It was a play on expected exploding demand for electricity as you noted. Picks and shovels for AI, data centers, etc.
The value of major utilities is tied to whatever deals they make with state governments for their rates and for passing along costs of infrastructure investment. The simple rise of electricity cost is not necessarily a profit driver for them.
 
The value of major utilities is tied to whatever deals they make with state governments for their rates and for passing along costs of infrastructure investment. The simple rise of electricity cost is not necessarily a profit driver for them.
I own PNW, Pinnacle West Capital. In 2022, their initial request for a rate increase was denied. See their chart back to Oct 2022, stock dropped in to the 60s. I bought about half my stake during that time. The rest was done a bit at a time as the stock recovered. The highest I paid was about $72. Doing nicely with the dividends reinvesyed. So, like with all stocks, there are good times to buy.
 
I own PNW, Pinnacle West Capital. In 2022, their initial request for a rate increase was denied. See their chart back to Oct 2022, stock dropped in to the 60s. I bought about half my stake during that time. The rest was done a bit at a time as the stock recovered. The highest I paid was about $72. Doing nicely with the dividends reinvesyed. So, like with all stocks, there are good times to buy.
I don't dispute that utilities can be very good investments. I have owned utility stocks continuously since I was in high school. I believe that they are because they are mostly in monopoly types of businesses. They just don't really work like most product businesses where increased demand translates to increased profit.
 
I currently own
NEE - NextEra Energy
SO - Southern Company

I don't own EVRG - Evergy but have been watching it, and I probably should own it.

If anyone has thoughts on any of these or others I'd love to hear. It was a play on expected exploding demand for electricity as you noted. Picks and shovels for AI, data centers, etc.

I own DUK and it has been an incredible run. Up to around $130 from where I bought at $90, with a solid dividend.
 
Turns out, people don't really want to eat fake meat.
I think part of it was poor marketing, part was great anti marketing, and the final part was when it first released it tasted like cardboard. The higher quality stuff they make now is great and a wonderful alternative.
 
I know I’ve asked something similar before but what’s the easiest or preferred method for back testing a purchase/sell “strategy”?

I’d like to back test a few different stocks but doing it manually seems time consuming and tedious.
 
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