AI Stocks Get Slammed: Time to Buy the Dip? [Yahoo! Finance]
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Constellation Energy Corporation (CEG)
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Source: Yahoo! Finance
Nvidia NVDA ) is currently experiencing its second worst correction of 2024, now ~14% off its all-time high. And yet the S&P 500 has barely budged – it's a point off its all-time high. Nvidia, Qualcomm and Broadcom Stocks Sell Off Nvidia isn't alone in this correction either, several other leading AI stocks have taken a hit over the last week, led primarily by fellow semiconductor stocks. Along with Nvidia, Qualcomm QCOM ), and Broadcom AVGO ), who have been major beneficiaries of the AI boom have taken some heat as well, both down ~14% from their recent record highs. Despite the recent correction, these stocks are still up considerably year-to-date. Nvidia has gained 147% YTD, Broadcom 42% and Qualcomm 40% respectively. Constellation Energy Corporation and Arista Networks Offer Top AI Opportunities However, while this is a strong group of stocks, there are two AI-adjacent stocks that I think offer a better opportunity than Qualcomm and Broadcom. In addition to Nvidia, Co
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News
- Constellation's 2024 Sustainability Report Showcases Work to Advance Clean Energy Future, Uplift Communities [Yahoo! Finance]Yahoo! Finance
- Constellation’s 2024 Sustainability Report Showcases Work to Advance Clean Energy Future, Uplift CommunitiesBusiness Wire
- Constellation Energy Corporation (CEG) Registers a Bigger Fall Than the Market: Important Facts to Note [Yahoo! Finance]Yahoo! Finance
- Bull of the Day: Constellation Energy (CEG) [Yahoo! Finance]Yahoo! Finance
- Big Tech's massive AI power demand is driving up this energy stock [Yahoo! Finance]Yahoo! Finance
CEG
Earnings
- 5/9/24 - Beat
CEG
Sec Filings
- 6/25/24 - Form S-8
- 6/20/24 - Form 11-K
- 5/10/24 - Form 4
- CEG's page on the SEC website