A Beneficiary of the Power Grid Supercycle
Very high probability of a technical breakout, as investors are buying the aggressive AI load growth here in the risk-free guise of a regulated infrastructure monopoly.
Reading Time: 2 minutes
The AI electrification is forcing a historic network expansion, akin to the construction of the U.S. highways in the 1950s. As the largest pure transmission and distribution network operator in the U.S., Exelon (EXC) occupies the physical bottleneck of this megatrend. Anyone looking to operate data centers in metropolitan areas like Chicago or Washington D.C. must pay Exelon's transmission fee. The market entry barriers are absolute – no one builds a second power grid. Operationally, the massive $41.3 billion investment plan acts as a mechanical...
Read this article now with a free account.
Your benefits:
- Every month, you can read 5 articles from the premium section for free.
- Monthly 2 trial issues of the Trader newspaper for free.
- Create a personal watchlist with an overview of news about your stock.
