Three ways to invest in the “powering AI” buildout: utility,
infrastructure, and midstream. ͏  ͏  ͏  ͏  ͏  ͏
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Three ways to invest in the “powering AI” buildout: utility,
infrastructure, and midstream. ͏  ͏  ͏  ͏  ͏  ͏
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[Morning Watchlist]

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3 ENERGY STOCKS TO BUY AND HOLD FOREVER

Artificial intelligence hasn’t just fueled upside in tech stocks. It
is also reshaping the energy market—because every incremental unit
of compute ultimately shows up as incremental electricity demand.

That demand shock is already visible in utility guidance. Reuters has
reported that U.S. power companies are revising capital spending plans
and demand forecasts upward as data centers become a primary source of
customer growth—often with projected electricity sales growth far
above estimates from only months earlier.

This is the heart of the opportunity: the AI cycle is forcing a new
MULTI-YEAR CAPEX BUILDOUT across generation, transmission,
distribution, gas infrastructure, and grid hardening. The companies
best positioned are not necessarily “AI companies,” but the
businesses that can reliably deliver power, move molecules, and
finance large regulated and contractual infrastructure programs.

Goldman Sachs–linked analysis has estimated that roughly 47
GIGAWATTS (GW) of incremental U.S. generation capacity may be required
through 2030 to support data-center load growth. Meanwhile, Wells
Fargo has also highlighted the scale of the load buildout: its own
commentary notes analysts estimating U.S. power demand could rise
materially by 2030, driven by data centers, electrification, and other
large-load categories.

To be clear, not every announced data-center project will get built on
schedule. There are real constraints—permits, interconnection
queues, supply chains, and local opposition. The Financial Times has
reported growing skepticism among some energy traders that demand
projections may be overstated given these bottlenecks. Even so, the
direction of travel is difficult to dispute: the U.S. Energy
Information Administration has noted that after nearly two decades of
relatively flat electricity consumption, demand is now rising again,
with growth coming particularly from commercial uses such as data
centers.

That backdrop is why investors should take energy infrastructure
seriously—especially businesses with (a) regulated rate-base growth,
(b) durable contracted cash flows, and/or (c) a demonstrated ability
to return capital to shareholders.

Below are three “buy and hold” ideas that give exposure to this
capex cycle from different angles: a California utility levered to
load growth and grid rebuilding, a North American infrastructure
leader spanning major economic regions, and a diversified midstream
ETF for income-oriented investors.

-------------------------

COMPANY: PG&E CORPORATION (SYM: PCG)

WHAT IT IS: PG&E is the holding company for Pacific Gas and Electric
Company, a combined gas and electric utility serving approximately 16
MILLION PEOPLE across a 70,000-SQUARE-MILE service area in Northern
and Central California.

WHY IT CAN WORK LONG TERM: California is a unique market. It combines
aggressive electrification goals, high power prices, large corporate
and industrial demand, and an enormous need for grid
investment—particularly in reliability and wildfire mitigation.

PG&E’s long-term equity case is essentially a “rate-base and
rebuilding” story:

*
LOAD GROWTH: Reuters has reported that PG&E has seen its data center
development pipeline expand meaningfully, alongside broader demand
strength.

*
CAPEX VISIBILITY: A regulated utility can translate approved
investment into earnings growth through its rate base—provided
regulators allow cost recovery.

*
SAFETY AND HARDENING SPENDING: PG&E continues to invest heavily in
wildfire mitigation and grid safety initiatives, including
undergrounding lines and system upgrades.

WHY AI MATTERS FOR PCG: Data centers want three things: power
availability, reliability, and predictable timelines. Northern
California remains an important technology hub, and even when
data-center growth shifts geographically, the broader trend—more
compute, more electricity—supports utilities with credible plans to
expand capacity and harden infrastructure.

KEY RISKS TO RESPECT: This is not a “set it and forget it” utility
in the traditional sense. PG&E’s history includes bankruptcy tied to
wildfire liabilities, and wildfire-related costs remain a central risk
variable. Regulatory outcomes also matter: the business model relies
on constructive cost recovery and rate design.

WHERE IT STANDS TODAY: PCG is trading around $15.54.

-------------------------

_Atlas Critical Minerals_

BIG BOARD MOMENT: ATLAS CRITICAL MINERALS BEGINS TRADING ON NASDAQ
(ATCX) [[link removed]]

A major shift is underway in U.S. resource policy—and the timing
couldn’t be more important.

President Donald J. Trump has signed a historic Executive Order
invoking emergency powers to accelerate U.S. dominance in CRITICAL
MINERALS, expanding the definition well beyond rare earths to include
COPPER, URANIUM, POTASH, GOLD, AND COAL. The goal is clear: reduce
reliance on foreign supply chains—especially China—and secure the
materials that power energy, technology, and defense.

Why does this matter now?

Modern life runs on minerals. EVs, fighter jets, semiconductors,
satellites, batteries—none of it works without secure access to
critical resources. Yet today:

* ~70% of rare earth imports come from China

* China controls over 90% of global processing

* U.S. domestic infrastructure remains limited

Washington is moving fast to change that.

The Executive Order fast-tracks permitting, unlocks powerful federal
financing tools, prioritizes mining on federal lands, and elevates a
broader range of minerals to strategic importance—creating new
policy tailwinds across the sector.

This backdrop coincides with ATLAS CRITICAL MINERALS OFFICIALLY
BEGINNING TRADING ON NASDAQ UNDER THE TICKER ATCX, following an
upsized $9.6 million public offering.

As global clean energy demand accelerates and geopolitical pressure
around mineral supply intensifies, securing American sources of
critical materials has become a national priority.

👉 READ THE FULL UPLISTING ARTICLE
[[link removed]]:

ATLAS CRITICAL MINERALS OFFICIALLY UPLISTS TO NASDAQ, PRICES UPSIZED
$9.6 MILLION PUBLIC OFFERING [[link removed]]

-------------------------

COMPANY: SEMPRA (SYM: SRE)

WHAT IT IS: Sempra is a leading North American energy infrastructure
company that, through its operating platforms, delivers energy to
NEARLY 40 MILLION CONSUMERS across major economic regions including
California, Texas, and beyond.

WHY IT CAN WORK LONG TERM: Sempra offers a diversified way to own the
infrastructure buildout driven by power demand growth,
electrification, and energy security. Unlike a single-state utility
story, Sempra’s footprint spans multiple demand centers and
regulatory regimes—helpful when one region faces policy friction or
weather-driven volatility.

INCOME PROFILE: Sempra’s board declared a quarterly dividend of
$0.645 PER SHARE payable January 15, 2026. Using that declared
dividend (annualized to $2.58) and today’s price, the implied yield
is roughly ~2.9% (not guaranteed and subject to change).

WHY AI MATTERS FOR SRE: The AI-driven load cycle doesn’t only
benefit electric-only utilities. It also supports:

*
GAS INFRASTRUCTURE AND FIRM CAPACITY, because dispatchable generation
remains a critical reliability tool, especially during peak demand and
weather events.

*
TRANSMISSION AND DISTRIBUTION INVESTMENT, as grid upgrades become
unavoidable.

*
REGIONAL GROWTH MARKETS, where data centers are actively clustering.

KEY RISKS TO RESPECT: Like most utilities and infrastructure names,
Sempra is sensitive to interest rates (higher rates can pressure
valuations and raise financing costs). Regulatory dynamics in
California and Texas also matter. Finally, infrastructure buildouts
face execution risk—cost inflation, permitting delays, and project
timing.

WHERE IT STANDS TODAY: SRE is trading around $88.29.

-------------------------

_Guy Stocks_

NEW YEAR MOMENTUM (2026 EDITION)
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-------------------------

COMPANY: ALERIAN MLP ETF (SYM: AMLP)

WHAT IT IS: If you prefer diversification, AMLP is an ETF that
provides exposure to the ALERIAN MLP INFRASTRUCTURE INDEX (AMZI)—a
capped, float-adjusted, capitalization-weighted index of energy
infrastructure Master Limited Partnerships (MLPs) that earn most of
their cash flow from MIDSTREAM ACTIVITIES (pipelines, storage,
processing).

WHY IT CAN WORK LONG TERM: Midstream is often misunderstood. It is not
a pure “oil price bet.” Many midstream businesses are more akin to
toll roads: they move and handle volumes under fee-based or contract
structures. In an AI-driven power demand cycle, midstream can benefit
from the simple reality that the grid often needs more dispatchable
energy and more fuel logistics—especially when renewables are
intermittent.

IMPORTANT STRUCTURAL NOTE (TAX): AMLP is classified as a SUBCHAPTER
“C” CORPORATION for U.S. federal income tax purposes and is
subject to corporate-level taxation, which can create tracking
differences versus the underlying index. The trade-off is simplicity:
AMLP has stated that it distributes a SINGLE FORM 1099 (rather than
issuing K-1s directly to shareholders). 

EXPENSE RATIO: The fund’s fact sheet lists an expense ratio of
0.85%. 

WHY AI MATTERS FOR AMLP: If the U.S. is entering a sustained period of
higher electricity load growth, the system needs reliability. That
typically means some combination of new generation, grid upgrades, and
fuel supply resilience. Midstream companies—particularly those
linked to natural gas logistics—can be indirect beneficiaries of
that reliability buildout.

KEY RISKS TO RESPECT: AMLP’s performance can be influenced by energy
policy, volume expectations, credit markets, and the fund’s
corporate tax structure. Distribution levels can fluctuate with cash
flows and market conditions. Corporate tax accruals can also impact
NAV and reported returns.

WHERE IT STANDS TODAY: AMLP is trading around $47.60.

-------------------------

WALL STREET STOCKPICKER NAMES #1 STOCK OF 2026
[[link removed]]
(from Stansberry Research)

The legendary quant who built one of Wall Street's most popular buying
indicators just announced the #1 stock to buy for 2026.

And for a limited time, he's sharing this new recommendation live
on-camera, completely free of charge.

He spent 50 years working alongside legendary investors like George
Soros, Michael Steinhardt, Steve Cohen, and Paul Tudor Jones.

His work is coded into every Bloomberg terminal on Wall Street, and is
still used by hundreds of banks, brokerages, and hedge funds to this
day.

So why is he giving away his #1 buy recommendation for FREE?

It's all comes back to a shocking new market prediction for 2026.

GO HERE NOW TO SEE THE NAMES AND TICKERS WHILE YOU CAN.
[[link removed]]

-------------------------

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