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Barchart
Barchart
Ruchi Gupta

This Cheap Dividend Stock is a Best-in-Class Data Center Pick

No matter whether the source is fossil fuels or alternative energy, analysts agree that energy demand is set to rise through the end of this decade. Artificial intelligence (AI), machine learning, and cloud computing are all expected to be key drivers of higher energy demand and consumption, as highlighted by Friday's news that Constellation Energy (CEG) is set to bring Three Mile Island back online under a new mantle to power data centers for Microsoft (MSFT).

Against this backdrop, here's one undervalued industrial dividend stock that could benefit from this megatrend.

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