The Grid Can't Keep Up. These 2 Utility Stocks Are the Buys of the Month.

By Leo Sun – Apr 3, 2026 at 3:30PM ESTKey PointsBrookfield Renewable’s green energy business is booming.GE Vernova is helping utilities meet the soaring energy demands of the cloud and AI markets.Utility stocks are often considered slow-growth, defensive plays for turbulent markets. Yet over the past few years, the rapid growth of the power-hungry cloud and AI markets has generated strong tailwinds for companies that help utilities upgrade their power grids. Let's examine two of those companies -- Brookfield Renewable Corporation (BEPC +2.18%) and GE Vernova (GEV +0.36%) -- and see why they're worth buying this month. Image source: Getty Images.

Brookfield Renewable Corporation Brookfield Renewable builds hydroelectric dams, wind farms, solar power plants, and other utility-scale green energy projects. It operated 47 GW of renewable operating capacity at the end of 2025, and its pipeline includes over 200 GW of renewable projects in development. It also jointly acquired Westinghouse, one of the world's top nuclear energy companies, with the uranium miner Cameco (CCJ +1.30%), in 2023. Brookfield owns 51% of Westinghouse, while Cameco owns the remaining 49%. ExpandNYSE: BEPCBrookfield RenewableToday's Change(2.18%) $0.88Current Price$41.29Key Data PointsMarket Cap$7.4BDay's Range$40.07 - $41.4652wk Range$23.73 - $45.18Volume34KAvg Vol1.2MGross Margin26.62%Dividend Yield3.66% Brookfield has signed long-term renewable power agreements with hyperscalers like Microsoft and Alphabet's Google, and it should secure more of those contracts as the cloud and AI markets expand. New decarbonization initiatives will also drive more industries to adopt solar, hydro, and wind power. Brookfield adds "inflation escalators" to its contracts to raise its prices to keep pace with inflation. In other words, it's one of the easiest ways to profit from the long-term growth of the green energy market, and it pays an attractive forward dividend yield of 3.8%. From 2025 to 2028, analysts expect its revenue and adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) to grow at CAGRs of 22% and 6%, respectively. With an enterprise value of $58.4 billion, it still looks cheap at 15 times this year's adjusted EBITDA.

Brookfield Renewable Corporation shouldn't be confused with Brookfield Renewable Partners (BEP +1.51%), the older master limited partnership (MLP) which owns the same assets. Investing in the MLP will get you a higher 4.7% forward yield, but it usually underperforms the newer corporation's stock because it requires more complicated tax filings every year. GE Vernova GE Vernova, the former energy division of General Electric that was spun off as a stand-alone company in 2024, has seen its stock surge nearly eight times since that split. ExpandNYSE: GEVGE VernovaToday's Change(0.36%) $3.27Current Price$898.05Key Data PointsMarket Cap$242BDay's Range$865.95 - $912.9752wk Range$252.25 - $948.38Volume73KAvg Vol2.9MGross Margin20.28%Dividend Yield0.19% In 2025, more than half of GE Vernova's orders came from its Power segment, which provides gas turbines for combined-cycle plants, steam turbines for coal, gas, and nuclear plants, and services for nuclear power plants. Nearly a third of its orders came from its Electrification segment, which provides transformers, breakers, substations, high-voltage direct current systems, and automation, optimization, and protection services for electrical grids. In the two years since its market debut, GE Vernova's Power and Electrification orders rose by the double digits as the cloud, data center, and AI markets expanded. That rapid expansion offset the slower growth of its smaller Wind segment, which sells onshore and offshore turbines. From 2025 to 2028, analysts expect its revenue and adjusted EBITDA to increase at CAGRs of 15% and 55%, respectively. Most of that growth will be driven by the expanding AI market, which is driving utilities to aggressively expand and electrify their power grids. While GE Vernova is often considered a renewables play, its gas-oriented businesses should also continue to expand as the simplest -- albeit not cleanest -- way to meet that demand. With an enterprise value of $233 billion, GE Vernova isn't a bargain at 40 times this year's adjusted EBITDA. Its paltry forward yield of 0.2% also won't attract any income investors. But if you expect the demand for energy to outstrip its supply for the foreseeable future, GE Vernova should deserve its premium valuation and set new highs over the next decade.Read NextMar 30, 2026 •By Keith SpeightsShould You Buy Brookfield Renewable Corporation While It's Below $40?Mar 28, 2026 •By Matt DiLalloMy 3 Highest Conviction Energy Stocks to Buy Amid All the Uncertainty Caused by the War With IranMar 21, 2026 •By Reuben Gregg BrewerGoldman Sachs Projects $700 Billion in Artificial Intelligence (AI) Capex This Year. Here's My Top Stock to Buy.Mar 19, 2026 •By Matt DiLallo3 High-Yield Energy Stocks to Buy Now and Hold ForeverMar 11, 2026 •By Leo SunWhere Will Brookfield Renewable Corporation (BEPC) Be in 5 Years?Mar 10, 2026 •By Leo Sun2 Dividend Stocks to Double Up On Right NowAbout the AuthorLeo Sun is a contributing Motley Fool stock market analyst who has worked with the company since 2013, covering technology, consumer goods, industrial, and financial sectors. He became a self-made millionaire by age 40 through long-term investing, crediting lessons from Warren Buffett and Peter Lynch. Leo is a regular guest on CNBC Asia providing stock analysis on Chinese technology companies, including Tencent, Baidu, and Alibaba. He previously wrote for InvestorGuide and holds a bachelor’s degree in English from the University of Texas at Austin.TMFSunLionX@TMFSunLionStocks MentionedBrookfield RenewableNYSE: BEPC$41.32(+2.25%)+$0.91MicrosoftNASDAQ: MSFT$373.10(+1.01%)+$3.73AlphabetNASDAQ: GOOGL$295.77(-0.55%)-$1.62CamecoNYSE: CCJ$112.51(+1.24%)+$1.38GE AerospaceNYSE: GE$281.16(-3.94%)-$11.52Brookfield Renewable PartnersNYSE: BEP$33.58(+1.51%)+$0.50AlphabetNASDAQ: GOOG$294.46(-0.15%)-$0.44GE VernovaNYSE: GEV$898.57(+0.42%)+$3.79*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.