Just released: our top 3 cash-focused stocks to consider buying in December [PREMIUM PICKS]

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Our monthly Ice Best Buys Now is designed to highlight three of our team’s favorite, most timely Buys from our growing list of cash-focused Ice recommendations, to help Fools build their portfolios.

• Data Center electricity demand is predicted to double in four years, and power grids are one of the biggest challenges of the energy transition. Meeting the growing demand will require significant investment.
• With a rights issue of 7 billion and the disposal of non-core assets, the National Grid sees an investment area of ​​60 billion between 2025 and 2029, almost twice its capex between 2020 and 2024.
• Much of the growth will come from easing constraints on the domestic grid. Capital expenditure on the high voltage transmission network is expected to more than triple, resulting in a 10% annual increase in the asset base between 2025 and 2029.
• The company needs to restore its dividend from 53.1p per share this year to 45.3p next year, but we will see higher EPS growth over time.
• From 2021, National Grid has repositioned its portfolio to focus on electricity. CEO John Pettigrew expects the UK economy to become more dependent on electricity with the growth of data centers and AI, as well as higher domestic take-up of things like electric cars and heat pumps.