{
  "disclaimer": "Goldirham Insight: educational research, not financial advice. Scores are editorial opinions, not forecasts. Simulated prices are illustrations, not market data.",
  "rows": [
    {
      "symbol": "CEG",
      "name": "Constellation Energy",
      "theme": "Nuclear baseload AI power king",
      "upside": 7.5,
      "safety": 9,
      "ai_exposure": 10,
      "review_status": "unreviewed",
      "reviewed_by": null,
      "reviewed_at": null,
      "review_sources": null,
      "thesis": "The largest US fleet of carbon-free nuclear, contracted to hyperscalers.",
      "why_it_could_work": "Structural shortage of always-on nuclear power | AI requires 24/7 carbon-free electricity — nuclear is the premium product | Premium pricing power vs. ordinary grid electricity | Long-term contracted deals with Microsoft / Meta ecosystem",
      "key_risks": "Regulatory and licensing timelines on uprates / restarts | Power-price normalisation if the AI capex cycle cools | Rich valuation leaves little room for execution slips",
      "cycle_stage": "Already re-rated BUT not fully priced in — still a mid-cycle compounder."
    }
  ]
}
