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0 0.00059031877213692 -0.00236127508854785 -0.00315820543093268 0.00627213695395514 0.00177095631641093 0.00159386068476984 -0.00785123966942156
Stock impact report

Jim Cramer on Constellation Energy: “To Me, It Looks Dangerously Expensive” [Yahoo! Finance]

Constellation Energy Corporation - When-Issued (CEG) 
Company Research Source: Yahoo! Finance
“Let's go under the hood and figure out the method behind the market's madness… Constellation Energy, the independent power producer… The big hyperscalers are obsessed with clean energy. That's why they're in love with Constellation Energy, CEG, which is the nation's most visible nuclear-powered utility. It's as clean as it gets if you want reliable electricity. Constellation's been loved to the point where the stock is up over 175% over the last 2 years. Stock seems invincible. Sells for 28 times this year's earnings, which is pretty darn pricey, especially for a utility… So what's happening this year? Constellation Energy stock has already fallen from $353 to $322. I see no signs of this stock bottoming. To me, it looks dangerously expensive… In short, the value of the two constellations got out of whack.” Photo by Adam Nowakowski on Unsplash Constellation Energy Corporation (NASDAQ:CEG) produces and supplies electricity, natural gas, and sustainable energy solutions through nu Show less Read more
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