Constellation Energy (CEG)

Constellation Energy (CEG-Q) is currently garnering attention due to its significant role as a supplier for major tech firms in an era of growing power demands, particularly in the U.S. with the rise of AI and data centres. Despite facing a challenging start to the year, with a drop of 20.55% in January, experts suggest that this stock is worth buying on dips due to its stable business model and solid earnings visibility, which sets it apart from many competitors. As the largest producer of clean power in the U.S., Constellation is anticipated to deliver double-digit earnings growth through 2030, supported by strong agreements with data centres and a robust long-term outlook. Analysts project a price target around $404.29, reflecting confidence in the company's future performance and stability within the sector, particularly as utilities regain importance in the market.