12 AI Stocks Poised for Massive Growth

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10. Talen Energy Corporation (NASDAQ:TLN)

Number of Hedge Fund Investors: 77

Talen Energy Corporation (NASDAQ:TLN) is a leading independent power producer and energy infrastructure company. On March 12, Morgan Stanley initiated the stock as “Overweight” and a price target of $243.00. The firm said it sees “multiple transformational opportunities” for the nuclear energy plant operator.

It also highlighted the company’s pivotal role in the flourishing AI sector. It believes that the company’s portfolio of plants is anticipated to benefit from escalating power prices. This is driven by the increasing demand from data centers and a tightening supply-demand balance forecasted for the upcoming years.

“We see an attractively priced core power plant fleet with multiple credible options for upside: Higher power prices, expansion of data center contract with Amazon at the Susquehanna nuclear plant & new data center contracts at TLN’s gas plants.”

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