Baltimore-based energy company Constellation’s plans to acquire a Houston, Texas-based natural gas producer in a $26.6 billion deal will boost the nation’s biggest energy firm right as

Constellation Energy Corporation ( CEG, Financials) said Friday that it will purchase Calpine Corporation ( CPN, Financials) for $26.6 billion in cash and shares, becoming the largest US renewable energy provider. The agreement combines Calpine's low-carbon natural gas and geothermal with Constellation's emissions-free nuclear.

We recently published a list of Jim Cramer is Watching These 8 Stocks. In this article, we are going to take a look at where Constellation Energy Corporation (NASDAQ:CEG) stands against other stocks that Jim Cramer is watching.