Here’s What Makes Exelon (EXC) a Smart Investment Choice

ClearBridge Investments, an investment management firm, published its “Global Infrastructure Value Strategy” first quarter 2022 investor letter – a copy of which can be downloaded here. The ClearBridge Global Infrastructure Value Strategy trailed the S&P Global Infrastructure Index, which returned 7.27% for the quarter, while both handily outperformed global equities as measured by the MSCI All Country World Index (-5.36%). Try to spend some time taking a look at the fund’s top 5 holdings to be informed about their best picks for 2022.

In its Q1 2022 investor letter, ClearBridge Investments Global Infrastructure Value Strategy mentioned Exelon Corporation (NASDAQ:EXC) and explained its insights for the company. Founded in 2000, Exelon Corporation (NASDAQ:EXC)  is a Chicago, Illinois-based nuclear electric power generation company with a $46.9 billion market capitalization. Exelon Corporation (NASDAQ:EXC)  delivered a 16.35% return since the beginning of the year, while its 12-month returns are up by 51.09%. The stock closed at $47.92 per share on May 04, 2022.

Here is what ClearBridge Investments Global Infrastructure Value Strategy has to say about Exelon Corporation (NASDAQ:EXC) in its Q1 2022 investor letter:

“U.S. electric utility Exelon (NASDAQ:EXC) was also a top contributor. Exelon is a pure transmission and distribution regulated utility business serving millions of electric and gas customers across Delaware, Illinois, Maryland, New Jersey, Pennsylvania and the District of Columbia. Shares outperformed along with the utilities sector; Exelon is also starting to be viewed as a premium name after its recently completed spin-off of power generation business Constellation Energy (NASDAQ:CEG).”

Our calculations show that Exelon Corporation (NASDAQ:EXC) fell short and didn’t make it on our list of the 30 Most Popular Stocks Among Hedge Funds. Exelon Corporation (NASDAQ:EXC) was in 47 hedge fund portfolios at the end of the fourth quarter of 2021, compared to 36 funds in the previous quarter. Exelon Corporation (NASDAQ:EXC) delivered a 9.43% return in the past 3 months.

In April 2022, we also shared another hedge fund’s views on Exelon Corporation (NASDAQ:EXC) in another article. You can find other investor letters from hedge funds and prominent investors on our hedge fund investor letters 2022 Q1 page.

Disclosure: None. This article is originally published at Insider Monkey.