This week, Elliott and I sat down with MoneyShow’s Mike Larson to talk about how plenty of profit opportunities remain for energy investors in both traditional oil and gas stocks, and companies focused on renewable power – and should continue to do so for years. Meanwhile, utilities are quietly dominating the 2024 sector performance race – driven by everything from a friendlier Federal Reserve to AI-fueled electricity demand growth.

We start by covering the big-picture environment in the energy and utilities sectors, including why energy demand should hold up despite concerns about China’s economy and why (and by how much) investment in Artificial Intelligence-related data centers is boosting electricity demand. Elliott next discusses energy pricing and supply, as well as the reasons natural gas has struggled despite stability in oil. I share my insights on the resiliency of the power grid, and how and where utilities are investing to improve it. And we both also talk about how politics and policy shifts can impact energy and utility investments, as well as sector performance.

The conversation next pivots to top picks in each sector. Elliott highlights a promising “Big Oil” name, a play on stronger gas pricing down the road, and an energy services stock he likes. I discuss an Eastern US power producer and a renewables play that shows promise.

Finally, we preview what we’ll cover in more detail at the 2024 MoneyShow Orlando, set for Oct. 17-19 at the Omni Orlando Resort at ChampionsGate. You can register to attend in person here: https://www.orlandomoneyshow.com/?scode=063014