As technology stocks continue to drive the S&P 500 to new heights, other sectors are also making headlines. The utilities industry, often viewed as boring, is undergoing changes as it shifts from coal to renewable energy sources. This transition is creating new opportunities for companies and investors alike.
Meanwhile, the demand for AI and data centers is benefiting producers and creators of electricity. This trend is expected to continue as more businesses adopt digital technologies to improve their operations and customer experiences.
In addition, regional banks are back in the spotlight due to concerns about real estate loans. A recent report by senior Citi analyst Ben Gerlinger on the debt of properties owned by Bank OZK in Little Rock, Arkansas caused the bank’s stock to drop in late May. Gerlinger is recognized as one of Business Insider’s rising stars of equity research for 2024, along with a diverse group of talented analysts who are making a significant impact on the industry.
