5 Best New Stocks To Invest In According To Hedge Funds

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1. Constellation Energy Corporation (NASDAQ:CEG)

Number of Hedge Fund Holders: 51

Constellation Energy Corporation (NASDAQ:CEG) started trading publicly after spinoff from Exelon Corporation. Insider Monkey’s database of 943 elite hedge funds shows that 51 hedge funds had stakes in Constellation Energy Corporation (NASDAQ:CEG) as of the end of the fourth quarter of 2022. The biggest stakeholder of Constellation Energy Corporation (NASDAQ:CEG) is $2.4 billion. The most notable hedge fund stakeholders of Constellation Energy Corporation (NASDAQ:CEG) include  William B. Gray’s Orbis Investment Management, John Smith Clark’s Southpoint Capital Advisors and Robert Pitts’s Steadfast Capital Management.

Constellation Energy Corporation (NASDAQ:CEG) is a notable clean energy company, with nuclear, wind, solar and hydro energy units.

You can also take a peek at 10 Most Profitable Small Businesses in 2023 and 10 Best April Dividend Stocks To Buy.

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