NuScale Power Stock: Buy, Sell, or Hold?

14.12.24 09:18 Uhr

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We are in the midst of a nuclear energy renaissance. Technology players across the board are making commitments to restart nuclear power plants or pay for electricity from upcoming facilities. Why the change in tone from the last few decades, when nuclear power was stuck in the mud? Two words: Artificial intelligence (AI). The new software tools require immense amounts of computing to train and operate, which is leading to increased electricity demand in the United States.Investors have taken this narrative and run with it, fast. One beneficiary has been NuScale Power Corporation (NYSE: SMR), a disruptor in the nuclear energy space that's building small modular reactors (SMRs, hence the stock's ticker symbol). Shares are up over 700% in 2024, making it one of the best performers of the year. Is the stock a buy, sell, or hold today?If you look at the numbers, the answer is clear.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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