Nuclear energy stocks have been among the market’s biggest winners over the past year, handily outperforming the broader energy sector.
It’s not hard to imagine why
With power-hungry tech like artificial intelligence (AI) and cloud computing, the clean, round-the-clock power that nuclear can supply has rarely looked more relevant. Broad exposure to nuclear energy — such as through an exchange-traded fund (ETF) — is one way to play this new resurgence. Another is to handpick the nuclear energy stocks yourself.
With that in mind, these three stocks are well positioned to grow as the broader industry does. 1. Oklo Oklo (NYSE: OKLO) is an advanced nuclear company that’s designing small fast-fission reactors with complementary fuel recycling. That’s a mouthful of technical jargon, so let me break it down like this: Instead of a sprawling nuclear power plant, Oklo would like to deploy smaller reactors that can supply 24/7 power while using fuel more efficiently.