Here's How Shares of Utility Company Constellation Energy Defied the Odds to Soar 91% Last Year
stellation Energy (CEG) The Motley Fool·2025-01-11 00:44Few people saw it coming then, but 2024 would be the year the proverbial planets aligned for this utility name.Utility stocks certainly have their place in some investors' portfolios. But let's face it -- they're not high-growth tickers. So how did shares of Constellation Energy (CEG 25.16%) manage to climb 91% (according to numbers from S&P Global Market Intelligence) in calendar 2024?In retrospect, the reason isn't really all that surprising.Constellation Energy's in the right place at the right timeAltho ...