stellation Energy (CEG)

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Small nuclear reactors could power the future — the challenge is building the first one in the U.S.
CNBC· 2024-09-07 13:04
In this article SMR D SO CEG watch now Nuclear plants could become smaller, simpler and easier to build in the future, potentially revolutionizing a power source that is increasingly viewed as critical to the transition away from fossil fuels. New designs called small modular reactors, or SMR in shorthand, promise to speed deployment of new plants as demand for clean electricity is rising from artificial intelligence, manufacturing and electric vehicles. At the same time, utilities across the country are re ...
Constellation Energy Corporation (CEG) Recently Broke Out Above the 50-Day Moving Average
ZACKS· 2024-09-02 14:30
From a technical perspective, Constellation Energy Corporation (CEG) is looking like an interesting pick, as it just reached a key level of support. CEG recently overtook the 50-day moving average, and this suggests a short-term bullish trend. One of the three major moving averages, the 50-day simple moving average is commonly used by traders and analysts to determine support or resistance levels for different types of securities. However, the 50-day is considered to be more important since it's the first m ...
Cerro Grande Mining Corporation Announces its Third Fiscal Quarter ended June 30, 2024 results compared to the same period in 2023
GlobeNewswire News Room· 2024-08-29 21:34
TORONTO, Aug. 29, 2024 (GLOBE NEWSWIRE) -- Cerro Grande Mining Corporation (the "Company" or "CEG") (CSE:CEG) reported its unaudited results for the third fiscal quarter ended June 30, 2024 compared to the same quarter in 2023. These financial statements and MD&A have been filed on SEDAR and the Company refers the reader to those materials for additional information. Cerro Grande Mining Corporation is an exploration and development company with properties and activities currently focused in Chile. Cautionar ...
Constellation Energy Shares Gain 86.4% in a Year: Should You Buy?
ZACKS· 2024-08-27 17:51
Shares of Constellation Energy Corporation (CEG) have rallied 86.4% over the past year compared with its industry's growth of 28.7%. CEG continues to add clean energy to the grid through its efficient operation of nuclear plants and extending the lives of existing plants through new licenses. The solid year-to-date performance of Constellation Energy allowed it to increase its guidance for 2024 earnings per share. The CEG stock has also outperformed its sector and the S&P 500 over the past year. One-Year Pr ...
Rate Cuts a Near Certainty: 3 Stocks You Might Have Missed
MarketBeat· 2024-08-26 11:15
With cooling inflation and moderating economic growth, the current economic environment strongly suggests that the Federal Reserve is on the verge of cutting interest rates. Market analysts are currently pricing an 80% chance of a rate cut. This potential shift in monetary policy has significant implications for the stock market, creating opportunities for savvy investors. Get PayPal alerts: Understanding Interest Rate Adjustments and Their Market Impact Interest rate cuts are a tool used by central banks, ...
These Stocks Could Benefit From AI-Driven Power Demand, Mizuho Analysts Say
Investopedia· 2024-08-19 18:45
Key Takeaways Power demand for data centers is expected to triple by 2030, driven by artificial intelligence (AI), Mizuho Research analysts projected. The analysts said electric utilities companies like Constellation Energy, Duke Energy, and NextEra Energy could be poised to benefit, as well as infrastructure providers like Equinix. Renewable energy demand is also expected to grow, with First Solar, GE Vernova, and Nextracker among the companies that could gain. Natural gas demand is expected to rise in the ...
Energy Stock with Support in Place
Schaeffers Investment Research· 2024-08-16 18:40
Energy stock Constellation Energy Corp (NASDAQ:CEG) just saw a hard bounce at its final large put strike earlier this week, and now has taken back the peak put at the $180 area. The stock has climbed over 60% in 2024 already, seeing a pivot level at $182. CEG is also breaking above the 20-day moving average, while the 5- and 10-day moving averages curl below. To top off the outperformance, Constellation Energy posted strong seasonal data for the third quarter this past Tuesday, Aug. 6. Short-term options tr ...
Constellation Energy Corporation (CEG) Is Considered a Good Investment by Brokers: Is That True?
ZACKS· 2024-08-09 14:30
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sellside) analysts often affect a stock's price, do they really matter? Let's take a look at what these Wall Street heavyweights have to say about Constellation Energy Corporation (CEG) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Constellation Ener ...
Constellation Energy Corporation (CEG) Upgraded to Strong Buy: Here's Why
ZACKS· 2024-08-08 17:01
Investors might want to bet on Constellation Energy Corporation (CEG) , as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years i ...
Nuclear Power Giant's Shares Jump on Raised Full-Year Guidance
MarketBeat· 2024-08-07 14:24
Constellation Energy Today | --- | --- | |--------------------------|-------| | | | | | | | CEG | | | Constellation Energy | | | $186.25 +5.21 (+2.88%) | | | 52-Week Range | | | $102.40 ▼ | | | $236.30 | | | Dividend Yield 0.76% | | | P/E Ratio 24.87 | | | Price Target $232.00 | | | | | Add to Watchlist Constellation Energy NASDAQ: CEG is an energy stock that has benefited significantly from the artificial intelligence rally, with a total return of 57% so far in 2024. The fact that about 67% of the company' ...