Professional
Added to YB: 2025-03-03
Pitch date: 2024-12-31
CEG [bullish]
Constellation Energy Corporation
+56.35%
current return
Author Info
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Company Info
Constellation Energy Corporation produces and sells energy products and services in the United States.
Market Cap
$106.0B
Pitch Price
$225.12
Price Target
N/A
Dividend
0.46%
EV/EBITDA
18.13
P/E
38.86
EV/Sales
4.48
Sector
Electric Utilities
Category
growth
Show full summary:
Alger Mid Cap Focus Fund Portfolio Holding: Constellation Energy Corporation
CEG: Largest US clean energy producer (32,400 MW, 67% nuclear). 10% of US clean energy, 22% clean baseload. Benefiting from electrification trends. Q3 impact: FERC rejected Talen-Amazon deal, raising regulatory concerns. Long-term thesis intact: tight power markets to drive pricing, underscoring asset value.
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