Alphabet (NASDAQ: GOOGL)(NASDAQ: GOOG) has entered into a multi-billion-dollar, long-term agreement with Constellation Energy (NASDAQ: CEG). The deal underscores a significant collaboration between the tech giant and the energy company.
The Motley Fool highlights that while Constellation Energy is part of this major deal, it wasn't included in the latest list of top 10 stock picks by the Stock Advisor analyst team. The list, which has historically included high-performing stocks like Netflix and Nvidia, is designed to help investors identify potential long-term winners.
Netflix, for example, was recommended on December 17, 2004, and investors who put in $1,000 at that time would have seen returns of $379,123. Similarly, Nvidia was recommended on April 15, 2005, and a $1,000 investment would have grown to $1,408,822. The Stock Advisor's average return stands at 950%, significantly outperforming the S&P 500's 215% return.
Parkev Tatevosian, CFA, who has positions in Alphabet, notes that while the deal between Alphabet and Constellation Energy is noteworthy, investors should consider the broader market opportunities highlighted by the Stock Advisor's top 10 list.