In the latest trading session, Constellation Energy Corporation (CEG) closed at $279.39, marking a +0.3% move from the previous day. This move lagged the S&P 500's daily gain of 0.97%. Meanwhile, the Dow gained 0.3%, and the Nasdaq, a tech-heavy index, added 1.45%. The company's stock has climbed by 59.25% in the past month, exceeding the Oils-Energy sector's loss of 1.76% and the S&P 500's gain of 5.41%. The upcoming earnings release of Constellation Energy Corporation will be of great interest to investor ...

Constellation Energy Corp CEG is making waves in the energy sector, showcasing an impressive stock performance and exciting growth prospects. The stock has increased over 60% in the past month, 146% year-to-date, and 155% over the past year. This surge is driven by multiple factors, including the company's commitment to providing clean energy solutions through natural gas, electricity, and solar options via its partnership with Sunrun Inc RUN in six states, along with Washington, D.C. A Game-Changing Partne ...

Constellation Energy got a growth account last month. Shares of Constellation Energy (CEG 4.52%) rocketed 32.2% in September, according to data provided by S&P Global Market Intelligence. Powering the energy company's surge was a deal with Microsoft (MSFT -0.14%) to restart a nuclear power plant. The agreement could help spark a resurgence in nuclear energy in the country, potentially further accelerating Constellation's already robust growth rate. A powerful growth accelerator Constellation Energy signed a ...

Utility stocks have been getting increased exposure lately, as artificial intelligence (AI) demands strain power grids across the globe. Analysts are reacting in real time, with electric utility stocks Constellation Energy Corp (NASDAQ:CEG) and Vistra Corp (NYSE:VST) both receiving price-target hikes today. CEG was last seen up 4.5% to trade at $277.24, and earlier hit a record high of $279.30, after RBC hiked its price target to $272 from $215. Last week, the stock received six price-target hikes in the wa ...

Uranium stocks have been surging thanks to the Constellation Energy Co. NASDAQ: CEG and Microsoft Co. NASDAQ: MSFT deal for the largest power-purchasing deal in history. The large hyperscalers are committed to sustainable and clean energy solutions to power their data centers. The electricity will be supplied by restarting the Three Mile Island Unit 1 nuclear reactor pending regulatory approval by the United States Nuclear Regulatory Commission (NRC). Uranium is required to power this and other nuclear reac ...

Constellation Energy rallied after it announced plans to partially reopen the nuclear power plant at Three Mile Island. Is this a positive sign for NuScale Energy? Wall Street has a habit of getting overly excited by the news, both to the downside and the upside. So the oneday rally in Constellation Energy's (CEG 2.15%) share price after a news release about reopening part of the nuclear power plant at Three Mile Island needs to be taken with a grain of salt. And yet the excitement still might be a sign of ...

End of the Third Quarter 2024 Another quarter is in the books for U.S. equity markets and little has changed. Though investors encountered some turbulence, bulls registered yet another victory as the S&P 500 Index ETF ((SPY) rose for its fourth straight month. Despite increasing global tensions in the Middle East and Europe, a massive jobs revision, and concerns over the "Yen Carry Trade," the S&P 500 climbed the wall of worry to finish nearly 5% for the quarter. As is often the case, liquidity and the Fede ...

Core Viewpoint - Nvidia's stock has increased by 156% in 2024, while Constellation Energy's shares have risen by 129%, suggesting a competitive investment landscape between the two companies [1][2]. Group 1: Constellation Energy's Growth Potential - Constellation Energy recently signed a 10-year agreement with Microsoft worth approximately $16 billion, indicating strong demand for nuclear energy [2]. - The company operates the largest fleet of nuclear power plants in the U.S., which is increasingly preferred by tech companies for electricity generation [7]. - Following the announcement of a 20-year deal with Microsoft, Constellation's stock surged by 22% [8]. Group 2: Financial Performance and Analyst Outlook - Constellation's latest financial report for the June 2024 quarter showed an EPS of $1.68, which was four cents below expectations, and revenue of $5.48 billion, falling short by $70 million [10]. - Despite the shortfall, Constellation raised its adjusted EPS outlook for fiscal 2024 by 4.8% to $8 per share, exceeding consensus estimates by 19 cents [11]. - Analysts have raised their price targets for Constellation significantly, with Wells Fargo increasing it by 20% to $300, Morgan Stanley by 24% to $313, and Jefferies by 40% to $256, reflecting positive sentiment towards the company's future growth [12][13]. Group 3: Market Demand and Industry Trends - The demand for energy in data centers is expected to surge by 160% by 2030, while overall U.S. power demand has remained stable from 2014 to 2024 [4]. - The total addressable market for AI-related hardware and software is projected to grow at an annual rate of 40% to 55%, reaching between $780 billion and $990 billion by 2027 [5]. - Anti-nuclear sentiment has diminished, with government support for nuclear and renewable energy increasing, positioning Constellation favorably in the energy market [14].

Constellation Energy Corporation (CEG) ended the recent trading session at $253.43, demonstrating a -1.44% swing from the preceding day's closing price. The stock fell short of the S&P 500, which registered a gain of 0.25% for the day. Meanwhile, the Dow gained 0.2%, and the Nasdaq, a tech-heavy index, added 0.56%. The company's shares have seen an increase of 31.93% over the last month, surpassing the Oils-Energy sector's loss of 0.05% and the S&P 500's gain of 1.65%. The investment community will be close ...

One of the most valuable lessons I have learned is stocks with bullish momentum tend to continue higher in the stock market. Instead of overcomplicating investing and trying to pick bottoms, most investors would be better served by latching onto stocks that are already exhibiting strong price momentum. Below are two of my favorite trend-following quotes: "It is one of the great paradoxes of the stock market that what seems too high usually goes higher, and what seems too low, usually goes lower." ~ William ...