Constellation Energy Corporation (NASDAQ: CEG) makes the list of the 11 Best Nuclear Energy Stocks to Invest in Right Now, showing significant potential. Jefferies raises its price target on CEG to $347 while maintaining a ‘Hold’ rating due to capacity and portfolio updates. CEG reported strong earnings with a 94.8% capacity factor in Q2 and confirmed a full-year EPS estimate of $8.90 to $9.60. The company also conducts accelerated share repurchases and anticipates $200 to $300 million in annual cash flow from a recent transaction. With over 31,676 MW of generating capacity, CEG is a key player in nuclear energy stocks and the utility sector in the US. Consider other AI stocks for potential upside and less risk compared to CEG.
Read more at Yahoo Finance: Jefferies Increases Its Price Target on Constellation Energy Corporation (CEG) to $347, Keeps ‘Hold’ Rating
