Latest news with #Talen
Globe and Mail
24-07-2025
- Business
- Globe and Mail
Zacks Investment Ideas feature highlights: Range Nuclear Renaissance Index ETF, GE Vernova, Talen, Amazon and Rolls-Royce
For Immediate Release Chicago, IL – July 24, 2025 – Today, Zacks Investment Ideas feature highlights Range Nuclear Renaissance Index ETF NUKZ, GE Vernova GEV, Talen TLN, Amazon AMZN and Rolls-Royce RYCEY. Should We Be Buying GE Vernova After Stocks Soars on AI-Boosted Nuclear Energy? GE Vernova stock skyrocketed 14% to all-time highs following its beat-and-raise Q2 report on Wednesday morning. The post-earnings surge extended GEV's YTD run to 90%, making it the second best-performing S&P 500 stock behind only Palantir. GEV's second quarter performance and outlook cemented its standing as one of the biggest long-term winners in the AI-boosted energy boom across nuclear, natural gas, electrification, and grid expansion. AI Demand and the Nuclear Energy Bull Case Wall Street has fallen head over heels for nuclear and next-generation energy stocks as power demand from artificial intelligence hyperscalers goes into hyperdrive. U.S. electricity demand remained flat at roughly 4,000 to 4,200 terawatt-hours since around 2010. The AI boom marks a paradigm shift for energy needs after technology companies drove economic and stock market expansion in the post-financial crisis world without straining the grid. Data centers could jump from 4% of total U.S. power demand in 2023 to 12% in 2030. This backdrop is why prices from the biggest U.S. power auction, held by grid operator PJM Interconnection, surged 22% to another new all-time high earlier this week. The U.S. government aims to triple nuclear energy capacity by 2050, helping spur innovation by cutting red tape, increasing tax incentives, and more. AI hyperscalers Meta, Amazon, Alphabet, and Microsoft have all raced to secure more nuclear power and made deals to speed up the next-gen nuclear tech, supported by their collective trillion-dollar balance sheet. Nuclear energy stocks represent a direct investment in artificial intelligence, the expansion of energy infrastructure, and long-term economic growth. Along with GEV, nuclear standouts Constellation Energy, Talen, Rolls-Royce, NuScale, and others have crushed the market in the last year. The Range Nuclear Renaissance Index ETF, which holds these stocks, along with many others, has climbed 130% since its debut in January 2024 to blow past the Nasdaq's 36%. Despite the strong performances of nuclear energy stocks in 2025 and over the last few years, investors can still get in near the ground floor of the AI-boosted nuclear energy renaissance, since it will be measured in decades. Buy GEV Stock at All-Time Highs and Hold? GE Vernova is one of the most surefire investments in next-gen, AI-driven energy. The dividend-paying and share-repurchasing GE spinoff provides exposure to nuclear energy, electrification, natural gas, and the broader artificial intelligence infrastructure spending boom. GEV boasts that its customers generate roughly 25% of global electricity via its installed base of technologies. The company has provided nuclear turbine technologies and services for all reactor types for decades. Its GE Vernova Hitachi Nuclear Energy division is a leading provider of advanced nuclear reactors, fuel, and nuclear services. Its BWRX-300 SMRs have a chance to be one of only a handful of potential big winners in small modular nuclear reactors. GE Vernova is working directly with power companies in the U.S. and Canada to deploy its next-gen nuclear tech by the early 2030s. GEV is also a natural gas giant. The company signed nine gigawatts of new gas equipment contracts during the second quarter, boosting its backlog to 29 GW. On top of that, its power conversion, energy storage, and grid solutions are growing. AI-boosted electrification software helps secure its bull case. GE Vernova announced earlier this week its plans to acquire AI company Alteia, helping lift the appeal of GEV's grid software it sells to utilities. GEV boosted its outlook across most of its key financial metrics on Wednesday, including free cash flow, margins, and revenue. Its CEO stressed that the U.S. and the world are still at the 'beginning of an investment supercycle into more reliable baseload power, grid infrastructure and decarbonization solutions.' The stock has soared roughly 280% in the past year and 345% since its April 2024 IPO, outpacing Nvidia and many other pure-play AI stocks. GEV might face near-term selling pressure, meaning some traders could wait for a pullback to its 21-day or 50-day. That said, the market-timing game is difficult, meaning long-term traders might want to buy the next-gen energy superstar now, and add more the next time it fades. Plus, GEV's improving financial position helped GE Vernova commit to buybacks and dividends. Other Nuclear Energy Stocks to Buy for Long-Term Upside Talen is a leading independent power producer and infrastructure firm, with a portfolio that includes nuclear, natural gas, and more. Talen is one of the largest competitive power infrastructure companies in North America, and it's secured deals with Amazon to supply nuclear power to its AI data centers. TLN soared on Wednesday to new highs as part of a 180% run in the past 12 months. The recent climb came after it announced a big deal to buy natural gas plants late last week. Talen's $3.8 billion deal is expected to boost free cash flow per share by over 40% in 2026 and 50% through 2029. The acquisition also critically expands its annual generation capacity by 50% from 40 TWh to 60 TWh. Talen's deal highlights the soaring demand for power from Amazon and other AI companies. Despite its charge, the stock still trades 11% below its average Zacks price target and 11 of the 12 brokerage recommendations Zacks has are 'Strong Buys.' Rolls-Royce cemented itself as a leader in cutting-edge nuclear energy technologies. The historic engine maker landed a potentially pivotal contract with the British government in June to build next-gen small modular reactors. RYCEY stock skyrocketed over the last few years as Wall Street dives into the once-beaten-down industrial titan because its new CEO is focused on profits and streamlined growth. The engine manufacturer and potential nuclear energy standout reached some of its lofty financial goals faster than it projected. Rolls-Royce also reinstated its dividend this year and announced stock buybacks. RYCEY is projected to grow its adjusted earnings by 35% in 2025 and 20% next year, on 24% and 8% respective sales growth. Its upward earnings revisions earn Rolls-Royce a Zacks Rank #2 (Buy). Despite skyrocketing 1,000% over the past three years, including a 91% run in 2025, Rolls-Royce trades 32% below its average Zacks price target and 35% below its all-time highs at around $13.60 a share. RYCEY is on the cusp of breaking above a key technical trading range, and its valuation is impressive because of its strong earnings growth outlook. Why Haven't You Looked at Zacks' Top Stocks? Since 2000, our top stock-picking strategies have blown away the S&P's +7.7% average gain per year. Amazingly, they soared with average gains of +48.4%, +50.2% and +56.7% per year. Today you can access their live picks without cost or obligation. See Stocks Free >> Media Contact Zacks Investment Research 800-767-3771 ext. 9339 support@ Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit for information about the performance numbers displayed in this press release. 7 Best Stocks for the Next 30 Days Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops." Since 1988, the full list has beaten the market more than 2X over with an average gain of +23.5% per year. So be sure to give these hand picked 7 your immediate attention. See them now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Inc. (AMZN): Free Stock Analysis Report Rolls-Royce Holdings PLC (RYCEY): Free Stock Analysis Report Talen Energy Corporation (TLN): Free Stock Analysis Report GE Vernova Inc. (GEV): Free Stock Analysis Report
Business Upturn
23-07-2025
- Business
- Business Upturn
Talen Energy Reports PJM Auction Results for the 2026/2027 Planning Year
By GlobeNewswire Published on July 23, 2025, 01:53 IST HOUSTON, July 22, 2025 (GLOBE NEWSWIRE) — Talen Energy Corporation ('Talen,' 'we,' or 'our') (NASDAQ: TLN), a leading independent power producer, today reported its results from the PJM Base Residual Auction for the 2026/2027 planning year. Talen cleared a total of 6,702 megawatts at a clearing price of $329.17 per megawatt-day across the MAAC, PPL and PSEG Locational Deliverability Areas, equating to approximately $805 million in capacity revenues for the 2026/2027 planning year. The planning year runs from June 1, 2026, through May 31, 2027. About Talen Talen Energy (NASDAQ: TLN) is a leading independent power producer and energy infrastructure company dedicated to powering the future. We own and operate approximately 10.7 gigawatts of power infrastructure in the United States, including 2.2 gigawatts of nuclear power and a significant dispatchable fossil fleet. We produce and sell electricity, capacity, and ancillary services into wholesale U.S. power markets, with our generation fleet principally located in the Mid-Atlantic and Montana. Our team is committed to generating power safely and reliably and delivering the most value per megawatt produced. Talen is also powering the digital infrastructure revolution. We are well-positioned to serve this growing industry, as artificial intelligence data centers increasingly demand more reliable, clean power. Talen is headquartered in Houston, Texas. For more information, visit Investor Relations: Sergio CastroVice President & Treasurer [email protected] Media: Taryne WilliamsDirector, Corporate Communications [email protected] Forward-Looking Statements This communication contains forward-looking statements within the meaning of the federal securities laws, which statements are subject to substantial risks and uncertainties. These forward-looking statements are intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact included in this communication, or incorporated by reference into this communication, are forward-looking statements. Throughout this communication, we have attempted to identify forward-looking statements by using words such as 'anticipate,' 'believe,' 'continue,' 'could,' 'estimate,' 'expect,' 'forecasts,' 'goal,' 'intend,' 'may,' 'plan,' 'potential,' 'predict,' 'project,' 'seek,' 'should,' 'will,' or other forms of these words or similar words or expressions or the negative thereof, although not all forward-looking statements contain these terms. Forward-looking statements address future events and conditions concerning, among other things, capital expenditures, earnings, litigation, regulatory matters, hedging, liquidity and capital resources and accounting matters. Forward-looking statements are subject to substantial risks and uncertainties that could cause our future business, financial condition, results of operations or performance to differ materially from our historical results or those expressed or implied in any forward-looking statement contained in this communication. All of our forward-looking statements include assumptions underlying or relating to such statements that may cause actual results to differ materially from expectations, and are subject to numerous factors that present considerable risks and uncertainties. Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.
Yahoo
05-07-2025
- Business
- Yahoo
Vistra Corp. (VST) Is Experiencing A Trend That 'Has Not Happened Since The 90s,' Says Jim Cramer
We recently published . Vistra Corp. (NYSE:VST) is one of the stocks Jim Cramer recently discussed. Vistra Corp. (NYSE:VST) is a sizable American electricity company whose shares have gained 28% year-to-date. The stock has benefited primarily from investor interest in AI and the expected increase in power demand. Vistra Corp. (NYSE:VST)'s presence in the nuclear power generation industry and its partnership with Microsoft have linked the stock's performance to AI-induced power demand in the US. However, the shares have lagged other AI energy plays such as Talen as investors have wondered about Vistra Corp. (NYSE:VST)'s ability to land major deals with big AI companies. Cramer commented on the stock in the context of an idea-driven market: 'I just think that we need to recognize that we are not in a Fed market, we're in a market where people say, you know what, those data centers need a lot of power. Oh, well let's buy Vistra, let's buy Constellation Energy. . . This has not happened since the 90s, David. And there's a plethora of people who are fighting this and not realizing, because they're so index oriented. They don't realize what is really happening here is that people are focusing on themes.' Solar panel workers installing a new farm for clean energy generation. Cramer discussed Vistra Corp. (NYSE:VST) in detail in February when the shares had lost more than 7% year-to-date in the aftermath of the DeepSeek selloff. Here's what he said: 'How about the walloping in the nuclear power utilities like Vistra and Constellation Energy? These stocks are on a rollercoaster and right now they're on the downside. They, they trade like they weren't even wearing their seat belts. When you're going down, which is what you know what happens, you fly up and then you land on your head. Microsoft had a hand in the froth here too, except this time at least it was negative. See these momentum utility stocks, all data center plays won't be as important if Microsoft's actually cutting capital expenditures for data centers, which is also what we heard on Friday. Why the heck do we need to bid up the stocks of tangential utilities when maybe we don't even need to worry about the regular utilities? Maybe they got enough power, of, of course, we don't need Constellation or Vistra.' While we acknowledge the potential of VST as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
05-07-2025
- Business
- Yahoo
Vistra Corp. (VST) Is Experiencing A Trend That 'Has Not Happened Since The 90s,' Says Jim Cramer
We recently published . Vistra Corp. (NYSE:VST) is one of the stocks Jim Cramer recently discussed. Vistra Corp. (NYSE:VST) is a sizable American electricity company whose shares have gained 28% year-to-date. The stock has benefited primarily from investor interest in AI and the expected increase in power demand. Vistra Corp. (NYSE:VST)'s presence in the nuclear power generation industry and its partnership with Microsoft have linked the stock's performance to AI-induced power demand in the US. However, the shares have lagged other AI energy plays such as Talen as investors have wondered about Vistra Corp. (NYSE:VST)'s ability to land major deals with big AI companies. Cramer commented on the stock in the context of an idea-driven market: 'I just think that we need to recognize that we are not in a Fed market, we're in a market where people say, you know what, those data centers need a lot of power. Oh, well let's buy Vistra, let's buy Constellation Energy. . . This has not happened since the 90s, David. And there's a plethora of people who are fighting this and not realizing, because they're so index oriented. They don't realize what is really happening here is that people are focusing on themes.' Solar panel workers installing a new farm for clean energy generation. Cramer discussed Vistra Corp. (NYSE:VST) in detail in February when the shares had lost more than 7% year-to-date in the aftermath of the DeepSeek selloff. Here's what he said: 'How about the walloping in the nuclear power utilities like Vistra and Constellation Energy? These stocks are on a rollercoaster and right now they're on the downside. They, they trade like they weren't even wearing their seat belts. When you're going down, which is what you know what happens, you fly up and then you land on your head. Microsoft had a hand in the froth here too, except this time at least it was negative. See these momentum utility stocks, all data center plays won't be as important if Microsoft's actually cutting capital expenditures for data centers, which is also what we heard on Friday. Why the heck do we need to bid up the stocks of tangential utilities when maybe we don't even need to worry about the regular utilities? Maybe they got enough power, of, of course, we don't need Constellation or Vistra.' While we acknowledge the potential of VST as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
16-06-2025
- Business
- Yahoo
Talen Energy Corp (TLN) Is A 'Good One,' Says Jim Cramer
We recently published a list of . In this article, we are going to take a look at where Talen Energy Corp (NASDAQ:TLN) stands against other stocks that Jim Cramer discusses. Talen Energy Corp (NASDAQ:TLN) is a midsized American energy company that primarily produces and sells electricity. Its shares have gained 31% year-to-date as they have benefited from several catalysts such as analyst ratings and industry partnerships. Talen Energy Corp (NASDAQ:TLN)'s stock jumped by 13% in March after investment bank Morgan Stanley initiated coverage and set a $243 share price target and an Overweight rating. More recently, the stock jumped by 7.7% after the firm announced that it would power an Amazon data center with nuclear power. Here are Cramer's latest comments on Talen Energy Corp (NASDAQ:TLN): 'You're going from 2.5 growth to now 5. Rusty Brazil, my guy on energy is just saying, listen we do not have enough turbines. But anybody that has turbines is going to work. I recommended Talen last night as part of a wholesale belief that you know what. . .I said yeah, Talen is a good one. . .I'm capitulating on the idea that we need more power, I just, there's nothing I can do.' A chart showing the trend of the energy sector's stock prices. Cramer had previously commented on Talen Energy Corp (NASDAQ:TLN) in January. Here is what he'd said: 'I think Talen Energy Corp (NASDAQ:TLN), you know they got that setback the other day from FERC. It doesn't matter, they're in good shape. I like it very much, and I would encourage you to own at least one of these with a Constellation with the Talen Energy Corp (NASDAQ:TLN). I think these are good.' While we acknowledge the potential of TLN as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
