Jim Cramer on Constellation Energy: “To Me, It Looks Dangerously Expensive”

“Let’s spell nether the hood and fig retired the method down the market’s madness… Constellation Energy, the autarkic powerfulness producer… The large hyperscalers are obsessed with cleanable energy. That’s wherefore they’re successful emotion with Constellation Energy, CEG, which is the nation’s astir disposable nuclear-powered utility. It’s arsenic cleanable arsenic it gets if you privation reliable electricity. Constellation’s been loved to the constituent wherever the banal is up implicit 175% implicit the past 2 years. Stock seems invincible. Sells for 28 times this year’s earnings, which is beauteous darn pricey, particularly for a utility… So what’s happening this year? Constellation Energy banal has already fallen from $353 to $322. I spot nary signs of this banal bottoming. To me, it looks dangerously expensive… In short, the worth of the 2 constellations got retired of whack.”

Photo by Adam Nowakowski connected Unsplash

Constellation Energy Corporation (NASDAQ:CEG) produces and supplies electricity, earthy gas, and sustainable vigor solutions done nuclear, wind, solar, earthy gas, and hydro assets. Aristotle Atlantic Partners, LLC stated the pursuing regarding Constellation Energy Corporation (NASDAQ:CEG) successful its 3rd 4th 2025 capitalist letter:

“Constellation Energy Corporation (NASDAQ:CEG) is the largest shaper of carbon-free vigor successful the United States, operating the nation’s largest atomic fleet alongside earthy gas, geothermal, wind, star and hydro assets. The institution was spun disconnected from Exelon successful 2022 and serves implicit 2.5 cardinal customers, generating gross done a diversified premix of powerfulness procreation and vigor income crossed regulated and deregulated powerfulness markets. The pending acquisition of Calpine volition importantly grow its procreation portfolio, combining 24/7 atomic powerfulness with further dispatchable state capacity. Constellation is cardinal to the U.S. vigor modulation and provides reliable, affordable and sustainable powerfulness captious to electrification, decarbonization and AI-driven information halfway growth.