1 Reason to Buy NuScale Power and Hold Until 2033
NuScale Power, trading down 33% in 2026, may be getting the recognition it has sought.
1 Reason to Buy NuScale Power and Hold Until 2033
Overview
NuScale Power (NYSE: SMR) is trying to change how we generate nuclear energy. Instead of a big nuclear power plant -- with iconic bell-shaped cooling towers and domed reactors -- it wants to deploy small modular reactors (SMRs), essentially mini nuclear power plants.
NuScale shares the dream of deploying SMRs with other nuclear energy companies, like Oklo and Nano Nuclear Energy. Unlike these two, however, NuScale has an SMR design approved by the Nuclear Regulatory Commission (NRC), a major first-mover advantage in the highly regulated nuclear power space.
Details
NRC approval is the most commonly cited reason to buy NuScale over other novel nuclear energy stocks. But it comes with an asterisk: To date, NuScale has yet to deploy its SMR technology commercially.
Source
Originally published at www.fool.com.
