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2 Utility Stocks to Buy in February

TheMotleyFool

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2 Utility Stocks to Buy in February: https://g.foolcdn.com/editorial/images/853776/a-person-wearing-a-hardhat-and-holding-a-laptop-near-a-power-line.jpg

The utility sector has been charging higher over the past year. The Vanguard Utilities Index Fund ETF is up more than 11% over the last 12 months, a strong return for this typically sleepy sector. Utility stocks have gotten a boost from power demand to support AI.

The AI power surge is in the early stages and should drive strong growth for utilities in the coming years. Two top utility stocks to buy this February to capitalize on this growth trend are NextEra Energy (NYSE: NEE) and Dominion Energy (NYSE: D).

Image source: Getty Images.

Source Fool.com