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Is Constellation Energy Stock a Buy Now?


When it comes to investing in new power assets today, the big spending is likely to come in the solar and wind segments. That's great news for Constellation Energy (NASDAQ: CEG), which is the largest producer of competitive nuclear power in the United States. Here's the good news around this utility's business and why investors still need to think twice before buying the stock today.

Spend a single hour without electricity and you will immediately understand just how important power is to your modern life. Without electricity, you might as well be living in the Dark Ages, because it will most certainly feel like it. That's the core reason why the broader utility sector is so reliable. It has to be or the world comes to a screeching halt.

Image source: Getty Images.

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Source Fool.com

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