Fluor Corporation owns a significant stake in NuScale Power Corporation, a nuclear company. NuScale isn’t expected to be profitable for years, but Fluor stock is already profitable and cheap. Nuclear power stocks, including Nano Nuclear Energy, NuScale, and Oklo, have seen increases due to executive orders promoting American nuclear power. However, SMR stocks have seen recent declines, with NuScale falling 62% from its high. Fluor, on the other hand, is already profitable with an enterprise value effectively at $2.5 billion. Analysts expect Fluor to grow earnings by about 36% over the next three years, making it a fair investment at its current price.
Read more at Yahoo Finance: 1 No-Brainer Nuclear Stock to Buy With $2,000 Right Now
