Buy Soaring Nuclear Energy Stocks (SMR, OKLO) Now or Wait for a Dip? – June 11, 2025
From Zacks Investment Research: 2025-06-11 19:04:00
Nuclear energy upstarts NuScale Power Corporation and Oklo Inc. have seen their stocks soar over 200% in the past two months as the U.S. government, Wall Street, and big tech push for nuclear energy expansion to support AI and economic growth. NuScale is a pure-play small modular nuclear reactor stock, with projections of 46% revenue growth this year and 188% next year. Oklo, a next-gen nuclear fission company, aims to sell power directly to customers under long-term contracts. Both stocks have seen significant gains, but investors may want to consider waiting for a pullback before buying.
NuScale stock has surged over 120% in the past month, while Oklo stock has skyrocketed 550% in the past year. Both companies are at the forefront of the nuclear energy momentum, with NuScale receiving design approval for its small-scale reactors and Oklo targeting its first deployments in 2027. Despite the impressive growth, investors should be cautious of potential pullbacks and consider buying at more attractive price points, such as the 50-day or 200-day moving averages.
Read more at Zacks Investment Research: Buy Soaring Nuclear Energy Stocks (SMR, OKLO) Now or Wait for a Dip? – June 11, 2025