NEE is a strong buy for September due to AI-driven power demand, diversification benefits, and attractive dividend growth.

So, now let's move to stock number five, which is going to be Next Era Energy, stock ticker NE. This is a stock that's the opposite of the high growth companies we often discuss.

But I also think it's a great company to consider heading into the weakest month for stocks.

Next Era gives exposure to two primary businesses. First, Florida Power and Light, one of the largest regulated utilities in the United States. And second, Next Era Energy Resources, one of the world's largest renewable energy developers.

It's a combo of what I like to call old school and new school energy offerings.

And what makes NE particularly interesting right now? Electricity demand is changing. For years, US electricity demand was relatively stagnant. That's changing because of AI. With AI brings more data centers.

With more data centers brings huge power demands. Plus, you add in manufacturing reshoring that's also taking place. So, ironically, one of my favorite ways to invest in AI right now isn't another semiconductor company. its power.

Next era gives me predictable regulated utility earnings, renewable development, energy infrastructure, and exposure to rapidly growing electricity demand. It also provides something my portfolio needs, diversification.

If September becomes volatile, as I expect, investors rotate away from high multiple growth stocks. A utility like Next Era gives me completely different earnings profile.

So, here's what I'm watching as it relates to Next Era. Interest rates matter tremendously here. Utilities are capital intensive. Higher rates increase financing costs and make dividend paying utilities less attractive.

So if rates do in fact continue climbing, Next Era could remain under pressure. But if I believe electricity demand is entering a structural growth cycle, well, I want exposure to that as well.

The other thing that Next Era is the fact that it's a dividend paying stock unlike most of the others. And as you can see, the company currently yields a dividend of 3%. And over the past 5 years, the dividend growth rate has been double digits, which is what I love to see.

And when it comes to analysts, we could see the company has an average 12-month price target of around $100 per share, implying 25% upside to go along with that growing 3% dividend yield. Keep Next Era on your watch list.

And then there's next era, electricity, data centers, infrastructure.