Prediction: This $10 Nuclear Energy Stock Could Be Worth $100 by 2036
NuScale Power is on the brink of a $10 trillion market opportunity.
Overview
NuScale Power (NYSE: SMR) is a $10 nuclear stock with a $10 trillion market opportunity in front of it.
That figure comes from a Bank of America report which projects that nuclear energy could represent a $10 trillion global investment over the next 25 years. More importantly, it predicts that small modular reactors (SMR) will become one of the most consequential energy technologies over the next two decades.
Details
SMR technology is NuScale's bread and butter, and to date, it is the only U.S. company with an SMR design approved by the NRC. That gives it a leg up on competitors and has enabled it to pursue SMR projects in the U.S, including a potential 6-gigawatt SMR deployment program with Tennessee Valley Authority (TVA) and ENTRA1 Energy.
Source
Originally published at www.fool.com.