Oklo Has Massive Potential Due to Artificial Intelligence, but the Stock Is Sinking. Here's What I'd Do
The stock is trading near its 52-week low, but it may have significant upside in the long run.
Overview
One of the ways investors have taken advantage of opportunities related to artificial intelligence (AI) is to invest in energy companies that can also benefit from the boom related to next-gen technologies. Rather than investing in Nvidia or Palantir Technologies and more obvious AI stocks, many investors have turned to much smaller companies, with potentially much more upside in the long run.
Oklo (NYSE:OKLO) is a great example of that. It's not making chips or AI-related products and services, but it can potentially play a big role in the build-out of data centers, by providing them with the ongoing energy needs they're going to require via its powerhouses.
Details
Last year, it soared 238% in value. Thus far in 2026, however, it's been a far different story, with the energy stock losing roughly half of its value. What's gone wrong with Oklo, and is it worth buying right now? Here's what I do with it.
Source
Originally published at www.fool.com.