Nuclear energy powerhouse Constellation Energy (CEG) soared 25% on Friday to all-time highs after announcing its acquisition of natural gas and geothermal giant Calpine.
The deal creates the nation’s largest clean energy company and further cements Constellation Energy’s status as one of the best long-term investments in the future of energy and artificial intelligence.
Constellation is a Zacks Rank #2 (Buy). CEG has outclimbed plenty of big tech AI stocks over the past several years including Nvidia, and it looks ready to breakout again to start 2025.
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