Why Constellation Energy Stock Popped Today
Constellation Energy Group (NASDAQ: CEG) stock jumped 4.8% through 10:50 a.m. ET this morning, and it's not hard to figure out why.
Last night, reported an earnings miss -- but strong guidance -- that's sending that stock up more than 40% this morning. Investors are making the leap from Oracle, which is getting deeply involved in artificial intelligence (AI), to Constellation Energy, which provides power to AI data centers -- and deciding that if Oracle's a buy, then Constellation Energy stock must be, too.
Image source: Getty Images.
Source Fool.com
Oracle Corp. Aktie
135,68 €
-1,58 %
Deutliches Buy-Überwiegen bei Oracle Corp. im Vergleich zu Sell-Einschätzungen.
Das durchschnittliche Community-Kursziel von 233 € für Oracle Corp. impliziert eine Steigerung von über 50% gegenüber 135.68 €.
