00:00 Speaker A
And I've wasted a lot of my personal time thinking about who else will win with AI. At this point in the year, there really isn't much else to do. And II, we ended up with companies like Exon for obvious reasons. Exxon stock had a really good year. This is something that not many people are talking about, but it comes with a drop in oil prices. So, will oil stocks play the next AI role here, or am I reading too much into it?
00:24 Speaker B
No, I mean there is certainly a group of strategists who are saying that oil will eventually lead to higher commodity prices. Um, but you're also looking at natural gas, which is rising. Natural gas plays a really important role. As far as the energy spectrum is concerned, or as far as energy companies are concerned about AI and data centers, that's going to be a winner. I then took a quick look at the constituent stocks of the S&P 500 that have outperformed the S&P 500 this year. Well, GE Vernova, they manufacture gas turbines and also have a service business. Oh, and the stock is up 100% year-to-date. NRG Energy is a power company that's up 75% since the beginning of the year. Constellation energy is also rising. Lithium maker Albemarle is also up 76% since the beginning of the year. Energy storage is also required, and lithium is used in battery packs. So there are a lot of other players in the AI space, especially when you're talking about energy and grid upgrades and all the energy that AI needs.
