from24/7 Wall St.
1 week agoJefferies Loves 5 Dividend-Paying Utility Stocks but Warns of Caution on the Sector
Because they operate continuously, data centers consume electricity. These operations involve operating large numbers of servers, cooling systems, networking equipment, and other infrastructure components. The electricity consumption of data centers varies widely with size, capacity, efficiency, and geographic location, yet demand is constant. While that was an important data point over the past few years, many of the top stocks in the sector have delivered outsized gains and may be trading near their highs.
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