Constellation Looks Set To Continue Its Rally: Buy Rating
Portfolio Pulse from
Constellation Energy Corp. (CEG) is expected to continue its upward trend due to strong technical indicators and long-term demand from data centers and nuclear power. The company's EPS growth is projected at 8% or higher annually.
November 27, 2024 | 3:15 pm
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Constellation Energy Corp. is expected to continue its rally due to strong technical indicators and long-term demand from data centers and nuclear power, with projected EPS growth of 8% or higher annually.
The article highlights Constellation's bullish momentum supported by technical indicators like the rising 20-day EMA and improving PPO and Chaikin Money Flow. Additionally, long-term demand from data centers and nuclear power supports sustained EPS growth, making the stock likely to continue its upward trend.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100