Jim Cramer Commented on 12 Stocks Linked to Data Centers

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10. Constellation Energy Corporation (NASDAQ:CEG)

Number of Hedge Fund Holders: 85

Constellation Energy Corporation (NASDAQ:CEG) was mentioned and here’s what the Mad Money host had to say:

“A whole swath of industrials like Cummins for motors… Constellation Energy, Vistra for nuclear power. Vertiv for the guts of the data center. They’ve all been trading together. They’re linked and they’re hanging in the balance.”

Constellation Energy (NASDAQ:CEG) is an energy company involved in producing and selling electricity using a variety of resources, such as nuclear, wind, solar, natural gas, and hydroelectric power. On February 3, Cramer stated:

“When you look at the five best performers in the S&P 500, let’s see, what do you get? Constellation Energy is first and Vistra is fourth. Those are both nuclear power plays… When you look at Constellation and Vistra, look, these nuclear stocks have had explosive multi-year moves as the data center build-out has created this electricity shortage around the whole country and nuclear remains the preferred power source for any company that cares about climate change.”

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