1 Reason to Buy NuScale Power Stock This August
NuScale Power is working to secure a critical growth catalyst.
Overview
NuScale Power (NYSE: SMR) remains one of the most popular nuclear energy stocks on the planet. And it's not hard to understand why.
Bank of America analysts believe we're entering a nuclear renaissance driven by rising energy demand stemming from the global adoption of AI technologies. In all, Bank of America's research team sees a $10 trillion market opportunity for nuclear energy firms like NuScale.
Details
"This potential [for nuclear energy] has more momentum than before," notes one Wall Street analyst. "There are data centers looking for firm and dispatchable and clean generation, and nuclear power can cover that."
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.