NuScale Power Corporation (NYSE:SMR) has been a top performer, hitting a new all-time high after an eight-day winning streak. The company’s stock price rose to $50.88 during intra-day trading and has grown by 184 percent year-to-date from $17.93 in December 2024. Investors are eagerly awaiting the second quarter earnings results on August 8, hoping for news of deals following Trump’s push to expand the nuclear power industry in the US. While NuScale Power shows promise, some AI stocks are seen as having higher return potential with limited downside risk.
Read more at Yahoo Finance: NuScale (SMR) Hits New All-Time High on 8th Day on Nuclear, AI Boom