Better Energy Stock: QuantumScape vs. NuScale Power
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QuantumScape (NYSE: QS) and NuScale Power (NYSE: SMR) are both trying to disrupt older energy industries with their newer technologies. QuantumScape is developing solid-state batteries that could replace lithium-ion batteries, and NuScale is developing small modular reactors (SMRs) that could revolutionize nuclear power.Both companies went public by merging with special purpose acquisition companies (SPACs). QuantumScape's stock opened at $24.80 in November 2020, soared to a record high of $131.67 a month later, but now trades at about $5 a share. NuScale's stock opened at $10.70 in May 2022, sank as low as $2 in November 2023, but now trades at around $21. Let's see why investors abandoned QuantumScape while embracing NuScale -- and if the latter remains a better buy.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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