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Benzinga
26 days

Constellation Energy, A Nasdaq-100 Nuclear Stock, Appears Ripe For Future Gains Following Calpine Deal

1. Constellation Energy offers $26.6 billion for Calpine to expand customer base. 2. Deal promises over 20% EPS accretion by 2026 and $2 additional earnings per share. 3. Stock indicators signal bullish momentum with strong moving averages and MACD. 4. Partnerships and contracts bolster CEG's position in the nuclear energy sector.

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FAQ

Why Very Bullish?

The acquisition is expected to enhance earnings significantly, similar to past acquisitions which boosted stock performances.

How important is it?

This article highlights critical developments directly impacting Constellation Energy's stock value.

Why Long Term?

The effects of the acquisition and contracts will unfold over several years, indicating lasting growth.

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