Jim Cramer Says Constellation Energy is a Good Company but "It's Up Too Much"

Constellation Energy Corporation (NASDAQ:CEG) is one of the stocks Jim Cramer was recently asked about. During the lightning round, a caller inquired about the stock, and Cramer remarked:

“You know what? Constellation Energy’s real, okay, and they do make a lot of money. It’s up so much… I’m afraid to come out and tell you to buy it right here. It’s up too much. It’s a good company, though. It’s a good company.”

Constellation Energy Corporation (NASDAQ:CEG) generates and supplies electricity, natural gas, and sustainable energy solutions. The company uses nuclear, wind, solar, and hydroelectric sources. ClearBridge Investments stated the following regarding Constellation Energy Corporation (NASDAQ:CEG) in its second quarter 2025 investor letter:

“U.S. electric utility Constellation Energy Corporation (NASDAQ:CEG) Energy also outperformed for the quarter. Constellation is primarily a nuclear generation company and is the largest producer of carbon-free electricity in the U.S., serving states including New York, Illinois, Maryland, Pennsylvania and New Jersey. The company’s combined generation capacity is more than 32 GW and 90% of annual output is carbon free. Constellation’s share price benefited from the renewed optimism on data center deals.”

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Disclosure: None. This article is originally published at Insider Monkey.