If Wall Street Is Wrong About AI, Would Oklo Still Be Worth Buying?
Oklo could survive an AI bust, but its valuation probably couldn't.
Overview
It's a gut-wrenching feeling when a stock you're bullish on suddenly tanks. It's downright terrifying when the forces that were supposed to lift that stock higher all seem to vanish at once.
With that in mind, let's run a scenario on Oklo (NYSE: OKLO). Could this early-stage developer of advanced nuclear reactors, which has tanked about 80% since last October, survive without an AI boom?
Details
On the one hand, Oklo could survive without an AI boom. On the other hand, its bull case would not.
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.