Exelon Corporation (NASDAQ:EXC), a popular choice among institutional investors, has shown promising long-term prospects according to business personality, Jim Cramer. This is further supported by Profund Advisors LLC and Andra AP fonden increasing their position in the company, and it remains undervalued by approximately 20-27% as per intrinsic calculations. The company declared dividends multiple times, and its financial performance has generally exceeded estimates. Exelon continues to empower innovation and sustainability through investments in emerging companies driving clean energy and climate solutions. Despite cybersecurity concerns impacting some Exelon information systems, the company saw steady stock performance and strong trading days, often outperforming the market. The company has completed a spin-off of Constellation Energy and separated its utility and competitive energy businesses into two individual entities. This move showcases Exelon's commitment to operational efficiencies, low carbon energy, and grid transformation. Furthermore, the Exelon Foundation, in collaboration with Exelon Corporation, has selected nine startups in the third round of the Climate Change Investment Initiative, signifying its commitment to innovation.
