A Once-in-a-Decade Investment Opportunity: 1 Vanguard Index Fund to Buy for the AI Boom

Despite increased economic activity, U.S. electricity demand stagnated during the last two decades due to the introduction of energy-efficient technologies like LED lights and modern appliances. During that period, the utilities sector underperformed the S&P 500 (SNPINDEX: ^GSPC) by 280 percentage points.However, Goldman Sachs estimates U.S. electricity consumption will increase at 2.4% annually through 2030, the fastest growth since the internet become popular in the 1990s. That massive increase in demand will be driven by the convergence of three major trends.Those trends are already moving the stock market. The utilities sector has added 23% year to date, putting it 10 percentage points ahead of the S&P 500. Those market-beating returns could continue through 2030 as electricity demand increases, and investors can lean into that once-in-a-decade opportunity by owning shares of the Vanguard Utilities ETF (NYSEMKT: VPU).Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool