TCW senior portfolio manager Eli Horton joined Market Domination Overtime to discuss how the incoming Trump administration could reshape the energy and power sector.
“Republican administrations must allow for a transition of power,” Horton said, stressing that this is still a “decade-long” journey that requires significant investment. He emphasized the critical need to invest in “black companies” during the transition from fossil fuels to renewables, noting that the current market is well positioned for this transition.
“We need more reliable energy in this country; we can’t do everything with wind and solar,” he told Yahoo Finance, promoting traditional energy sources like natural gas, which the Trump administration supports. Horton expressed a preference for brown energy companies over green alternatives, specifically pointing to stocks like GE Vernova ( GEV ) as potential investment opportunities.
Watch the video above to hear how Horton believes emerging technologies like AI will impact growth in the energy space.
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This post was written by Angel Smith
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