Want to Be a Millionaire? Buy These 3 Stocks and Hold for 20 Years
2026-07-24 08:17
•Keith Speights •The Motley Fool
••••••••• ••••••••••••••• Axe Capital view
Holding Global Utilities Long Term? Think Rand Impact
US utilities shine for decades, but South African investors face currency risks when holding them long term.
The article’s picks—GE Vernova, NextEra Energy, and Brookfield Infrastructure—are solid for those chasing steady, 20-year growth from global electrification. They all operate in stable, cash-generating sectors and benefit from rising AI demand pushing electrification. For South African investors, the catch isn’t just stock selection but currency exposure. Buying these US-listed utilities means sitting through rand/US dollar swings that can erode returns. The rand often moves on domestic factors like politics and commodity prices, quite independent of US utility earnings. Local alternatives such as Sasol or even AngloGold Ashanti offer more direct rand-hedged exposure but come with their own sector risks. If you want to play this theme, consider a mix—hold local energy or infrastructure firms for rand stability while selectively adding global utilities to the portfolio. The main risk is a weaker rand eating into dollar returns or unexpected regulatory shifts in either jurisdiction. this is just my opinion and not financial advice
For rand-based investors, I’d buy Sasol and Brookfield Infrastructure Preferred shares (BIPPA) but only selectively add US utilities like NextEra via a forex-hedged wrapper or ETF. Trim exposure if the rand weakens beyond 19/USD.
- BIPPA
- Sasol
- USD/ZAR
- Rand weakness eroding dollar gains
- US regulatory changes impacting utilities
6/10
The article recommends three stocks for long-term wealth building over 20 years: GE Vernova, a leader in power generation technologies benefiting from AI demand; NextEra Energy, the largest U.S. electric utility expanding through a $66.8 billion acquisition of Dominion Energy; and Brookfield Infrastructure, a diversified infrastructure company offering income and growth. All three are positioned to benefit from global electrification and AI-driven energy demand.
This article was originally published by The Motley Fool and has been adapted here for Axe Capital Trading News.
Publisher: The Motley Fool
Author: Keith Speights
Categories: Macro, Inflation, Equities, Earnings, M&A, Capital Returns, Technology, AI, Semiconductors
Tickers: GEV, NEE, NEEPN, NEEPS, NEEPT, NEEPU, NEEPV, NEEPW, BIP, BIPH, BIPI, BIPJ, BIPPA, BIPPB, D
Sentiment: Positive - Strong growth trajectory with $163 billion backlog representing 3.5+ years of sales; powers ~25% of world's electricity; positioned to benefit from AI revolution and global electrification trends; Wall Street expects continued upside. Largest U.S. electric utility with planned $66.8 billion acquisition of Dominion Energy to become world's largest regulated utility; targeting 8%+ annual EPS growth through 2035; strong dividend growth plans; benefits from AI-driven energy demand.
Keywords: long-term investing, compound growth, renewable energy, AI demand, utilities, infrastructure, electrification
Insights:
- GEV: Positive: Strong growth trajectory with $163 billion backlog representing 3.5+ years of sales; powers ~25% of world's electricity; positioned to benefit from AI revolution and global electrification trends; Wall Street expects continued upside.
- NEE: Positive: Largest U.S. electric utility with planned $66.8 billion acquisition of Dominion Energy to become world's largest regulated utility; targeting 8%+ annual EPS growth through 2035; strong dividend growth plans; benefits from AI-driven energy demand.
- NEEPN: Positive: Largest U.S. electric utility with planned $66.8 billion acquisition of Dominion Energy to become world's largest regulated utility; targeting 8%+ annual EPS growth through 2035; strong dividend growth plans; benefits from AI-driven energy demand.