NuScale Power Is on Sale. Could This Be the Buy That Sets You Up for Life?
Key takeaways
- SMR OKLO NVDA Nu Scale Power (NYSE: SMR) is an ambitious nuclear energy company at the forefront of a potential nuclear renaissance.
- The company is still reporting losses -- a net loss of about $44 million in the first quarter -- and hasn t yet seen its technology deployed in the real world.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
SMR OKLO NVDA Nu Scale Power (NYSE: SMR) is an ambitious nuclear energy company at the forefront of a potential nuclear renaissance. In a world hungry for clean energy -- hungry for energy, period -- Nu Scale has a tremendous opportunity to solidify its lead in the development of small modular reactor (SMR) technology.
Yet despite being near the center of a multitrillion-dollar market opportunity for nuclear power -- an opportunity driven by artificial intelligence (AI), cloud computing, data center construction, and wider electrification efforts -- NuScale also faces challenges. The company is still reporting losses -- a net loss of about $44 million in the first quarter -- and hasn t yet seen its technology deployed in the real world. Soon, its potential market could also get crowded with similar companies competing for the same business, like Oklo.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »