From Yahoo Finance: 2025-04-28 11:26:00

Nuclear power now accounts for just under 10% of global electricity, ranking as the second-largest low-emission electricity source. Over 70 GW of new nuclear capacity is under construction globally, with more than 40 countries planning to expand nuclear energy. In the US, nuclear power supplied over 19% of electricity in 2024.

Data centers’ electricity demand could increase fivefold by 2035, reaching 176 GW, with 10% met by nuclear energy. Tech giants signed a pledge to triple global nuclear energy capacity by 2050. Small modular reactors (SMRs) offer a quicker, cost-effective solution, with potential to reach 80 GW by 2040.

Despite a surge in demand, many nuclear energy stocks faced declines due to falling uranium prices. US tensions with Canada and potential lifting of Russian sanctions impacted uranium prices. US initiatives incentivize domestic uranium production, with facilities in Wyoming and Texas seeing a 24% increase in 2024.

Vistra Corp. (NYSE:VST) emerges as a top nuclear energy stock, with 41,000 MW capacity fueled by various sources. In Q4 2024, VST reported strong financials with revenue topping estimates and adjusted core profit rising significantly. The company aims for share buybacks, fueling investor interest.

Vistra Corp. (NYSE:VST) ranks as the best nuclear energy stock among billionaires, with 25 billionaire holders. The company’s diverse energy portfolio and financial performance attract investor attention. While VST shows promise, AI stocks may offer higher returns within a shorter timeframe.

Insider Monkey’s research highlights Vistra Corp. (NYSE:VST) as a lucrative investment in the utility sector, with positive long-term fundamentals in deregulated power markets. VST holds significant power generation capacity, positioning it well for market opportunities. Regulatory clarity and power purchase agreements could further boost VST’s growth.

Read more: Is Vistra Corp. (VST) the Best Nuclear Energy Stock to Buy According to Billionaires?