Friends, |
I just issued an urgent new warning for a specific corner of the market. |
It’s one most investors feel safest in. |
And that’s exactly why it worries me. |
If you’re holding any of these types of stocks, please sell them now. |
Because if I’m right, staying put could cost you dearly in 2026. |
I’m not talking about a routine pullback or a bad quarter. |
I’m talking about losses that force people to make choices they never thought they’d have to make. |
Working longer. Downsizing plans. Delaying retirement. Watching years of progress evaporate. |
And yes, that may sound dramatic. But these are the type of losses that will cut your retirement and have you working part-time as a greeter in Walmart on the weekends. |
I’ve been doing this long enough to know that the biggest damage is always done when investors assume the danger has already passed. |
That’s why I’m laying out exactly which stocks I believe are most vulnerable, and what I’m doing instead to stay positioned for the next wave of income and payouts. |
If you want to benefit from that next wave, you’ll want to act before August 14. |
Let the Game Come to You! |
Big T |
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In case you missed it, here’s Big T’s Digital Asset Daily |
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Last winter, a retired man in Manassas, Virginia opened his electric bill and assumed it was a mistake. The month before, he’d paid around $100. This one said $281, a 181% increase. |
“It’s just so far beyond any bill that I’ve ever had,” he said, according to a Consumer Reports story. He’s lived in the same home for nearly 40 years. |
His habits didn’t change. The world around him did. And suddenly, he found himself living on the wrong side of the meter. |
Across the state of Virginia, 285 million square feet of data center warehouses are either approved or in the process of seeking approval, according to Julie Bolthouse, director of land use at the Piedmont Environmental Council. |
That is the equivalent of around 1,500 Walmart supercenters. It’s no wonder the strain has shown up on this retired man’s power bill. |
You’re Already Paying for the AI Boom |
If you think he’s an outlier, think again. We’re seeing the same pattern across the country. Electricity prices have jumped by as much as 267% over the past five years in areas near data centers, according to a Bloomberg report. |
That’s the hidden toll of the AI boom. Amazon, Microsoft, Google, Meta, and Nvidia can pass their AI costs into cloud contracts, software subscriptions, and trillion-dollar market caps. A retiree in Manassas gets the bill. |
By 2028, data centers could consume as much as 12% of all the electricity used in the United States, according to Lawrence Berkeley National Laboratory. |
You can already see the pressure building inside PJM, the grid operator that serves 67 million people across 13 states and Washington, D.C. |
We’ve written about PJM before. It runs a kind of insurance market for electricity. Power plants get paid to stay available for the moments when the grid needs them most. When demand rises, that insurance gets more expensive. |
Today, data centers are a big reason demand is rising. |
Take these numbers from the Independent Market Monitor, the watchdog that reviews PJM’s power markets. Before the AI data-center boom, PJM’s total capacity costs were $2.2 billion a year. In the most recent auction, that number has jumped to $16.4 billion. |
Data centers are responsible for $6.5 billion, or 40%, of it. |
That doesn’t mean $16.4 billion showed up directly on household bills the next morning. But it does mean data-center demand is already pushing up the cost of keeping the grid reliable. Those costs can eventually flow through the power market to the people connected to it. |
Think of it like a landlord raising the whole building's insurance because one tenant added a home gym. No single renter gets billed “$400 for the gym.” Instead, rent for everyone in the building goes up the following month. |
Now, I can sit here and complain about higher costs all day. But that’s not going to change reality. The AI boom is here. And one way or another, millions of Americans are going to help pay for the power it needs. |
So the question I’m asking is: How do I get on the right side of the meter? |
The Smartest Money in AI Just Showed Its Hand |
A higher electric bill is painful, but it can also be a signal. It tells us where demand is overwhelming supply. And when that happens, the money usually flows to whoever controls the bottleneck. |
Just look at where some of the smartest money in AI is now moving. |
On June 11, a new investment venture launched with more than $10 billion in committed capital. Nvidia was one of the backers, alongside one of the world’s most powerful private-equity firms. And what they’re backing is the unglamorous “guts” of the AI economy: data centers and power systems. |
When Nvidia starts putting capital behind the next layer of infrastructure, I pay attention. Here’s why. |
Nvidia won the first stage of the AI boom because it understands bottlenecks better than almost anyone. It became the single most important company in the AI supply chain by selling the chips everyone – from Google to Anthropic to OpenAI – needed to build their models. |
Investors who understood this had the chance to ride the stock up 1,494% on the back of its GPU chips. That was then. Today, we believe the bulk of the gains from that trade are behind us. |
Nvidia’s latest move confirms something we’ve been pounding the table on since late last year: The next stage of the AI boom will reward the companies that control the physical bottlenecks those models cannot run without – power plants, substations, transformers. |
Control that, and you collect payment from the AI giants racing to consume electricity. |
Now, that $10 billion venture is still private. But one of the power producers already under contract to the AI giants trades in the open market. |
In the days after the Nvidia deal was announced, shares of this large power company jumped more than 20%. That may not sound like much in crypto or small-cap tech. But it’s a big move for a stock that typically moves a percent or two on any given day. |
Out of respect for our paying subscribers, I can’t lay out the full buy case here. But the signal it’s flashing is clear as day to me: The smartest money in AI is no longer just chasing chips. It’s moving toward power. |
AI’s Next Big Chokepoint |
You don’t need to take my word for it… Just look at the numbers. |
Gartner expects power shortages to restrict roughly 40% of AI data centers by 2027. And the wait for a large grid transformer has stretched to as long as five years. |
This line of thinking already led our Asymmetric Edge subscribers to a triple-digit winner. We recommended Bloom Energy (BE) late last year, took a “free ride” when it doubled, and it’s now up roughly 3x since our initial call. |
Now we believe a similar setup is taking shape in the more established power company I mentioned above. |
This company generates and sells the kind of around-the-clock, always-on power a data center physically cannot run without, including nuclear and natural gas. It has already signed long-term contracts to sell power directly to the giants of AI. |
And we believe a meaningful slice of that contracted revenue is not even reflected in the company’s valuation yet. |
That’s the disconnect that makes this opportunity so attractive: The market is pricing this company closer to an old-world power stock than an AI infrastructure gatekeeper. |
It trades at just 16.7 times its forward earnings. Compare that to the average Mag 7 stock, which trades around 25 times. And that’s not including Tesla, which trades at an eye-popping 179 times forward earnings. |
In other words, investors are still paying insane multiples for the companies consuming the power, but not for the companies positioned to sell it to them. |
Even if the AI buildout grinds to a complete halt tomorrow, there will always be demand for this company’s services. Houses, factories, and hospitals still need to turn the lights on. |
That’s the kind of setup we built our flagship Asymmetric Edge newsletter to find. Even if we’re wrong, our research suggests the downside is limited. But if we’re right, we could see as much as 261% upside on this stock. |
We published the full write-up last Thursday. If you’re already a subscriber, you can access it right here – including the name, the ticker, the contracts, and exactly why we think it’s one of the best-positioned ways to own this trend. |
If you’re not an Asymmetric Edge member yet, I encourage you to watch this briefing Daily Editor Teeka Tiwari recently recorded. |
The retiree in Manassas is going to keep paying for the AI boom either way. So are millions of households across the country. That is the wrong side of the meter. The right side is owning the scarce power assets the AI giants now have to pay for. |
You can learn more – including the top companies we recommend for this next phase of the AI boom – in Teeka’s special briefing. |
Don’t Watch the Future Happen. Own It! |
Houston Molnar |
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