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RegExp("[?&]notifications=1(&|#|$)");"desktop"===y&&i&&b.test(window.location.search)&&(i.checked=!0)};ge("ybar-mod-notification",(function(e){var t={isUH3:"crunch"===e.getConfig().ytheme,notifContainer:document.getElementById("notification-container"),notifBadge:document.getElementById("notif-badge"),notifMenu:document.getElementById("ybarNotificationMenu"),notifMenuOpener:document.querySelector("#ybarNotificationMenu + label"),notifDropdown:document.getElementById("notifDropdownContainer"),tooltipContainer:document.querySelector(".".concat($n)),notifLabel:document.querySelector(".".concat(Xn))};t.notifDropdown&&so(e,t)}))}()}};]]>Reuben Gregg Brewer, The Motley FoolMon, November 17, 2025 at 3:45 PM GMT+1 5 min readConstellation Energy is the largest owner and operator of nuclear power plants in the United States.Nuclear power is experiencing a renaissance today, with demand for the carbon-free power strong.While Constellation's business looks promising, its stock already reflects a lot of the good news.10 stocks we like better than Constellation Energy ›Constellation Energy (NASDAQ: CEG) is not your typical utility company. Not only does it sell power outside of the regulated framework under which most utilities operate, but it is also the largest nuclear power provider in the United States. But is the stock worth buying?That depends on what you think the future of nuclear power will be. Here are some things to consider before you add Constellation Energy to your portfolio.Regulated utilities sell power to customers within a set area. They are granted monopolies in those areas, but they are subject to government approval of their rates and capital investment plans. Given the cost of building a utility business, this is a fair trade-off for all parties involved, including the utility, its customers, and its investors. Slow and steady growth is the norm for regulated utilities.Image source: Getty Images.Constellation Energy isn't a regulated utility. It sells power to customers under long-term contracts and must compete on the open market. If demand for electricity is high, leading to high power prices, that can be a very positive position to be in. However, if demand is low, resulting in low power prices, being an independent power producer can be challenging. If you are looking for a boring dividend stock, Constellation Energy will be a bad fit for your portfolio. A regulated utility would be a better choice.One thing that sets Constellation Energy apart from the broader utility sector is its large portfolio of nuclear power plants. Nuclear power is always-on (base-load power, in industry jargon) clean energy, since it doesn't emit greenhouse gases. That makes it a very good complement to intermittent renewable power options, such as solar and wind. With electricity demand rising thanks to data centers and the power-hungry artificial intelligence (AI) computers they increasingly house, nuclear power is in high demand today.If you're looking for a "picks and shovels" play on AI infrastructure, Constellation Energy is an interesting option. Notably, it has agreements to supply the U.S. government, Meta Platforms, and Microsoft with nuclear power. But before you jump on this story, you need to consider the price you are paying to get in the door.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P 5006,617.32 -55.09 (-0.83%)Dow 3046,091.74 -498.50 (-1.07%)Nasdaq22,432.85 -275.23 (-1.21%)Russell 20002,348.74 +7.36 (+0.31%)VIX24.69 +2.31 (+10.32%)Gold4,067.40 +0.90 (+0.02%)PortfolioSign in to access your portfolioSign inTop gainersONDS Ondas Holdings Inc. 7.84 +1.59 (+25.34%)DGNX Diginex Limited 16.20 +2.61 (+19.21%)LGN Legence Corp. 44.93 +4.81 (+11.99%)TMC TMC the metals company Inc. 5.42 +0.53 (+10.95%)SRRK Scholar Rock Holding Corporation 39.81 +3.33 (+9.14%)Top losersNICE NICE Ltd. 105.65 -15.21 (-12.58%)KLAR Klarna Group plc 31.63 -3.25 (-9.32%)PACS PACS Group, Inc. 14.43 -1.27 (-8.09%)SNDK Sandisk Corporation 244.93 -20.95 (-7.88%)GPCR Structure Therapeutics Inc. 34.50 -2.94 (-7.85%)Most activeNVDA NVIDIA Corporation 181.36 -5.24 (-2.81%)ONDS Ondas Holdings Inc. 7.84 +1.59 (+25.34%)PLUG Plug Power Inc. 2.1400 +0.0550 (+2.64%)OPEN Opendoor Technologies Inc. 7.52 -0.32 (-4.08%)BBAI BigBear.ai Holdings, Inc. 5.98 +0.41 (+7.36%)Earnings eventsMy earnings eventsEarnings eventsTrending tickersPLUG Plug Power Inc. 2.1400 +0.0550 (+2.64%)HD The Home Depot, Inc. 336.48 -21.55 (-6.02%)OLMA Olema Pharmaceuticals, Inc. 20.14 +11.62 (+136.38%)WBD Warner Bros. 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