Conservative Stock Portfolio: 5 Best Stocks to Buy Right Now

2. Constellation Energy Corporation (NASDAQ:CEG)

Constellation Energy Corporation (NASDAQ:CEG) is one of the Best Conservative Stocks to Buy Right Now. On March 18, the company and LS Power Equity Advisors, LLC announced an agreement, according to which the former would sell a portfolio of generation assets in PJM to LS Power. This move focuses on addressing the regulatory commitments associated with Constellation Energy Corporation (NASDAQ:CEG)’s acquisition of Calpine.

The transaction demonstrates the majority of the divestitures needed by the US DOJ with regard to the antitrust review of the Calpine deal, which includes all the assets needed to be divested by FERC (Federal Energy Regulatory Commission). Talking about the agreement, LS Power plans to acquire ~4.4 gigawatts of predominantly natural gas–fired generation capacity throughout Delaware and Pennsylvania, which includes the Bethlehem, York 1, York 2, Hay Road, and Edge Moor Facilities.

Notably, the value of the transaction comes out to be $5 billion before closing adjustments. This reflects an acquisition price of ~$1,142/kW. Notably, in January 2026, Constellation Energy Corporation (NASDAQ:CEG) wrapped up the acquisition of Calpine, which led to the significant expansion of its competitive generation footprint.

Constellation Energy Corporation (NASDAQ:CEG) is engaged in generating, supplying, and marketing clean electricity and renewable energy products and solutions.