This $9 Nuclear Energy Stock Could Be Worth $100 by 2030
Yahoo Finance ·
According to Bank of America analysts, nuclear energy is fully immersed in a $10 trillion global renaissance. The artificial intelligence (AI) industry needs more power to scale data center infrastructure, and nuclear energy is an ideal source of long-term energy generation capacity. If you're looking for high-upside stocks that expose your portfolio to the nuclear energy revolution , there's an exciting business valued under $4 billion that should top your research list. NuScale Power ( SMR +3.08% ) is an admittedly risky stock pick. The company has yet to achieve any major revenue milestones, and it has been forced to continually raise capital to stem its negative cash flows. But it's not hard to see this $9 stock surpassing $100 per share by the end of this decade. NuScale Power specializes in small modular reactors, or SMRs. Only a handful of SMRs currently operate globally. Because this type of reactor design can -- at least in theory -- be built faster and at lower cost than larger conventional nuclear power plants , it's better suited to meeting the AI industry's rapidly rising demand for clean power.
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