Jim Cramer Looked At These 23 Stocks Recently

17. Exelon Corporation (NASDAQ:EXC)

Number of Hedge Fund Holders: 47

Making note of Exelon Corporation (NASDAQ:EXC), Cramer discussed:

“When interest rates go down, we normally look for utilities, but rates are going higher here. Now it could… mean that people want to profit from a slowdown, if not a recession, by buying companies with consistent earnings. So if they’re buying Consolidated Edison… a purveyor of electricity for the New York metro area as well as number two, Exelon, the name of the utility that encompasses Baltimore Gas and Electric…. Well, what can I say, it’s plain as it gets.”

Exelon (NASDAQ:EXC) is engaged in the distribution and transmission of electricity and natural gas and it carries out the regulated retail sale of these energy sources to customers. The company reported its full-year results for 2024 on February 12. It reported adjusted operating earnings of $2.50 per share, up from $2.38 per share in 2023. For 2025, the company provided guidance for adjusted operating earnings between $2.64 and $2.74 per share.