Jim Cramer Discusses Southern Company and the AI Energy Boom

The Southern Company (NYSE:SO) is one of the stocks Jim Cramer picked for his fantasy stock portfolio. Cramer said that the “stock’s been on fire” after the completion of its nuclear power plant construction project in Georgia. He commented:

“Typically, I go with something healthcare here, but that group is down in the dumps right now. So instead I’ve got a kind of a new one, a growth utility, Southern Company. That’s right. Utilities are classic defensive names. Even in a softer economy, everybody has to pay their gas and electric bills. Usually, these are slow and steady stocks with generous dividends but anyone who’s been paying attention over the past couple years knows that things are changing in the sector.Bernstein’s Stacy Rasgon Urges Avoidance of Intel (INTC) Despite Big U.S. Investment

A stock market data. Photo by Alesia Kozik on Pexels

The Southern Company (NYSE:SO) produces and distributes electricity and natural gas while managing power generation assets, pipelines, and storage facilities. Additionally, the company provides energy solutions, microgrids, and communications services for retail, commercial, and institutional customers.

While we acknowledge the potential of SO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.

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