Constellation Energy Group (NASDAQ: CEG) stock surged 4.8% after Oracle’s earnings miss but strong guidance led to a 40% stock jump. Oracle CEO predicts 14-fold revenue growth fueled by demand for AI services, leading investors to buy into Constellation Energy for power to AI data centers.

Despite Oracle’s growth forecast, analysts project Constellation Energy to grow at 14% annually, giving Constellation stock a PEG ratio of 2.3 at 32.5 times earnings, signaling it may be overvalued. Some analysts suggest that Constellation Energy stock is a sell rather than a buy.

The Motley Fool Stock Advisor team did not include Constellation Energy in their list of 10 best stocks to buy now, highlighting potential missed opportunities for growth. Stocks like Netflix and Nvidia that made the list in the past saw massive returns, showcasing the potential for significant gains with the right investment choices.

Read more at Nasdaq: Why Constellation Energy Stock Popped Today