FROM THE DESK OF JIM CRAMER |
Kick off your week with me! |
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Coal could come back. That was my insight, or more, my instinct, after interviewing Kenny Young, the CEO and seven-year veteran of Babcock & Wilcox, the 160-year-old boiler manufacturer turned engineering and construction company. Young wanted to talk about the surging demand for power spurred by the data center boom. So did I.
I want to write about this interview for a few reasons. First, to show you that the data center story is so much bigger than we imagine. Second, I am no groundbreaker here: obviously, I’m late to the party. But that has somehow meant nothing to so many of these companies that I must acknowledge my timing. Third, I want to point out that the power demands are so great that the once-forsaken energy source of coal is going to come back in a big way.
Let's break it down.
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