Should You Buy, Sell or Hold Constellation Energy Stock at 25.85X P/E?

Constellation Energy Corporation (CEG) is currently trading at a premium compared with the Zacks Alternate Energy-Other industry. With a forward 12-month price/earnings ratio of 25.85X, the stock is priced a tad above the industry average of 24.68X and the broader Zacks Oil and Energy sector’s 11.26X.CEG’s Valuation ChartImage Source: Zacks Investment ResearchThe company continues to add more clean energy to the grid by acquiring new nuclear plants and extending the lives of existing plants through new lice ...