These are BofA's 5 top stock picks in the sector that's powering the AI boom [Business Insider]
Public Service Enterprise Group Incorporated (PEG)
Last public service enterprise group incorporated earnings: 2/26 07:30 am
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Source: Business Insider
Have an account? Log in Bank of America thinks the AI trade will continue to boost markets in 2026. Analysts are bullish on a sector that's powering the boom. BofA laid out its top stock picks in the utilities sector for the year ahead. Bank of America sees more AI-fueled gains ahead and has identified a handful of top picks in a sector that has been key to powering the boom. BofA analysts said in a note this week that the ongoing AI boom will lead to rising demand for the power needed to keep data centers and other key infrastructure running. The bank said AI-driven demand will be a primary driver of growth for the energy and utilities sector in the long term. "Our bullish view on power is supported by strong regional growth led by Texas and the Southwest, with data centers clustering in key hubs (CA, northern VA, IL/WI, TX) and expanding into adjacent geographies (AZ & NV, IN & IA, Broader TX & LA, and OH, PA, and NC)." Here are the bank's top picks in energy and util
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News
- Morgan Stanley Raises its Price Target on Public Service Enterprise Group Inc. (PEG) to $92 and kept an Overweight rating. [Yahoo! Finance]Yahoo! Finance
- PSEG To Announce Fourth Quarter and Full Year 2025 Financial Results On February 26PR Newswire
- PSEG Sustainability Progress And New Director Appointment Under Investor Spotlight [Yahoo! Finance]Yahoo! Finance
- PSEG Recycled More Than 86% of Its Generated Materials [Yahoo! Finance]Yahoo! Finance
- PSE&G Energy Efficiency Programs Deliver More Than $900 Million in Annual Utility Bill Savings for New Jersey CustomersPR Newswire
PEG
Earnings
- 11/3/25 - Beat
PEG
Sec Filings
- 1/30/26 - Form SCHEDULE
- 1/21/26 - Form 8-K
- 1/5/26 - Form 4
- PEG's page on the SEC website