10 AI Stocks Making Waves on Wall Street

4. Constellation Energy Corporation (NASDAQ:CEG)

Number of Hedge Fund Holders: 78

Constellation Energy Corporation (NASDAQ:CEG) is an energy provider specializing in clean, carbon-free energy solutions. On January 23, Guggenheim analyst Shahriar Pourreza named Constellation Energy (CEG) as the analyst’s 2025 “Best Idea” in the utilities sector. The firm retained a Buy rating and a $378 price target on Constellation shares. The title is largely based on the company’s surprise acquisition of Calpine announced on January 10th. Constellation announced to buy Calpine Corp for $16.4 billion, marking it as one of the biggest acquisitions in U.S. power industry history. The deal has been largely driven by the proliferation of AI data centers and the electrification of transportation and buildings.

“If you have to own one name in ’25, it’s CEG”.

-Analyst.