With a market cap of $71.5 billion, Baltimore, Maryland-based Constellation Energy Corporation (CEG) focuses on electricity generation and sales. The company provides natural gas, renewable energy, and other energy-related products across various U.S. regions, leveraging multiple power generation assets.
Shares of the electric utility company have significantly outperformed the broader market over the past 52 weeks. CEG stock has surged 90.2% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 35.5%. In 2024, shares of CEG are up 98.1%, compared to SPX's 25.5% gain on a YTD basis.
