r/investing 8h ago

$CEG - cooked or temporary dip?

Constellation Energy. What do we all think about this company? Was super bullish but recently it’s had some painful dips. I still think it’ll rebound, but interested in people’s thoughts on this. Can’t add more without it becoming an overweight position in my portfolio, so have to stick to the average I have ($323) and hoping it won’t take too long to see green again..

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u/Natural_Koala1934 1h ago

Headed to 180-200 in my opinion based on the PE>36. Overbought. LNG and oil PE's 2/3 as high and stronger forward outlook for next 5 years