NuScale vs. Oklo: Which Nuclear Stock is the Better Buy Now?
Which of these next-gen nuclear stocks has a brighter future?
Overview
NuScale (NYSE: SMR) and Oklo (NYSE: OKLO) are both developing next-gen nuclear reactors. NuScale is creating small modular reactors (SMRs), while Oklo is developing even smaller microreactors. Both types of reactors produce less power than their conventional counterparts, but they can be deployed in remote and off-grid areas.
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Shares of NuScale and Oklo have declined about 80% and 70%, respectively, over the past two months. While their technology sounds promising, neither company has deployed a single commercial reactor yet. But if I had to choose one over the other, I'd pick Oklo.
Details
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.