Fluor Emerges as Top Nuclear Stock With Strong Profitability Forecast

Fluor holds a majority stake in modular reactor builder NuScale, driving its market capitalization. The nuclear power stocks market is hot due to four executive orders signed by President Trump. Start-ups like Nano Nuclear Energy, NuScale Power, and Oklo have outperformed the S&P 500. However, analysts predict none will be profitable before 2030.

Fluor is profitable and owns 57% of NuScale, valued at $5.1 billion. Removing the NuScale value, Fluor’s market cap is $2.4 billion. Fluor also boasts $1.4 billion in cash. Fluor’s net profit is $1.8 billion, making it a smart investment opportunity. Analysts forecast solid profits for Fluor in the coming years.

Investors should consider risks like NuScale being overvalued and Fluor’s temporary profit increase due to its ownership stake. Analysts foresee Fluor’s net income dropping to $60 million. Despite risks, Fluor stock offers a 17% annualized earnings growth rate and appears undervalued. Analysts believe in Fluor’s profitability in the future.

Read more at Yahoo Finance: The Smartest Nuclear Stock to Buy With $1,000 Right Now