We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
We’ve all grown accustomed to the positivity surrounding the artificial intelligence frenzy, as the topic is in nearly every market headline.
Of course, beloved Nvidia has been leading the charge, with several other large-cap technology companies also set to benefit.
But for those looking for unique exposure to the trade, nuclear stocks should be considered, as data centers use a remarkable amount of power to operate. That’s precisely where several energy companies, namely Constellation Energy (CEG - Free Report) and Vistra (VST - Free Report) , come into play.
Market participants have taken note of their favorable stance, with each enjoying strong performance over the last year.
Image Source: Zacks Investment Research
Let’s take a closer look at each.
Vistra Envisions Long-Term Growth
Vistra safely operates a reliable, efficient, power generation fleet of natural gas, nuclear, coal, solar, and battery energy storage facilities with an innovative, customer-centric approach. The stock sports a Zacks Rank #1 (Strong Buy), with its earnings outlook moving higher nearly across all timeframes.
Image Source: Zacks Investment Research
Burke, CEO, concluded its latest quarterly results by stating, "Recent power market developments are certainly notable, and we see multiple drivers underlying a projected long-term acceleration in load growth in many of the geographies we serve. The increase in our potential long-term financial expectations reflects the attractive position provided by our integrated business mode.”
Shares have cooled considerably from their high, down 16% since and reflecting a potential opportunity for investors looking to join the momentum.
Image Source: Zacks Investment Research
Constellation Energy Enjoys Robust Results
Constellation Energy is the Nation’s largest producer of clean, carbon-free energy and a leading supplier of energy products and services. Analysts have taken note of its favorable stance, increasing their earnings estimates accordingly across the board.
Image Source: Zacks Investment Research
Joe Dominguez, CEO, on the company’s latest set of quarterly results, ‘We had another strong quarter as support grows for nuclear energy as a reliable, clean source to meet growing demand from electric vehicles, heavy industry and emerging technologies, such as AI and related digital infrastructure.’
Bottom Line
The artificial intelligence theme is undoubtedly here to stay for some time, with many different angles to play the frenzy.
Data centers reflect one of these angles, but those who keep the lights on within data centers are a deeper play, precisely where Constellation Energy (CEG - Free Report) and Vistra (VST - Free Report) come into play. For those looking to obtain exposure, both stocks can’t be overlooked.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
AI Goes Nuclear: 2 Energy Stocks Set to Benefit
We’ve all grown accustomed to the positivity surrounding the artificial intelligence frenzy, as the topic is in nearly every market headline.
Of course, beloved Nvidia has been leading the charge, with several other large-cap technology companies also set to benefit.
But for those looking for unique exposure to the trade, nuclear stocks should be considered, as data centers use a remarkable amount of power to operate. That’s precisely where several energy companies, namely Constellation Energy (CEG - Free Report) and Vistra (VST - Free Report) , come into play.
Market participants have taken note of their favorable stance, with each enjoying strong performance over the last year.
Image Source: Zacks Investment Research
Let’s take a closer look at each.
Vistra Envisions Long-Term Growth
Vistra safely operates a reliable, efficient, power generation fleet of natural gas, nuclear, coal, solar, and battery energy storage facilities with an innovative, customer-centric approach. The stock sports a Zacks Rank #1 (Strong Buy), with its earnings outlook moving higher nearly across all timeframes.
Image Source: Zacks Investment Research
Burke, CEO, concluded its latest quarterly results by stating, "Recent power market developments are certainly notable, and we see multiple drivers underlying a projected long-term acceleration in load growth in many of the geographies we serve. The increase in our potential long-term financial expectations reflects the attractive position provided by our integrated business mode.”
Shares have cooled considerably from their high, down 16% since and reflecting a potential opportunity for investors looking to join the momentum.
Image Source: Zacks Investment Research
Constellation Energy Enjoys Robust Results
Constellation Energy is the Nation’s largest producer of clean, carbon-free energy and a leading supplier of energy products and services. Analysts have taken note of its favorable stance, increasing their earnings estimates accordingly across the board.
Image Source: Zacks Investment Research
Joe Dominguez, CEO, on the company’s latest set of quarterly results, ‘We had another strong quarter as support grows for nuclear energy as a reliable, clean source to meet growing demand from electric vehicles, heavy industry and emerging technologies, such as AI and related digital infrastructure.’
Bottom Line
The artificial intelligence theme is undoubtedly here to stay for some time, with many different angles to play the frenzy.
Data centers reflect one of these angles, but those who keep the lights on within data centers are a deeper play, precisely where Constellation Energy (CEG - Free Report) and Vistra (VST - Free Report) come into play. For those looking to obtain exposure, both stocks can’t be overlooked.