Constellation Energy (CEG)

Constellation Energy (CEG-Q) appears to be gaining attention as the utility sector experiences renewed growth driven by rising power demand, particularly from AI and data centers. While it had a rocky start to the year, decreasing over 20%, experts see potential in the stock, highlighting its stability and robust earnings visibility relative to peers. As the largest clean power producer in the U.S., Constellation has formed strategic agreements with data centers, bolstering its growth prospects through significant deals. Analysts expect the company to achieve double-digit earnings growth by 2030 and have set an optimistic price target around $405, showcasing confidence in its long-term outlook despite recent market fluctuations.