The media hype machine is in overdrive, pushing utility stocks as a savvy way to play AI’s growth. You’ve no doubt seen these headlines (or some of the hundreds of others like them): “The Unlikely Stocks That Became a Hot Bet on AI” –The Wall Street Journal “AI Could Drive a Natural Gas Boom as Power Companies Face Surging Electricity Demand” –CNBC “Utility Stocks Could Be Headed for a Decade of Strong Growth, Driven by Data, AI” – Barron’s Before we go further, let me say right off the hop that we contrarians never chase headlines—we’re always looking to buy value first and foremost—high-yielding stocks that are washed out, in other words.… Read more