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.
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Source Fool.com
Oracle Corp. Stock
€127.10
1.830%
The stock is one of the favorites of our community with 94 Buy predictions and 1 Sell predictions.
With a target price of 258 € there is potential for a 102.99% increase which would mean more than doubling the current price of 127.1 € for Oracle Corp..
