Five stocks carry most of the market’s nuclear enthusiasm: Cameco (NYSE: CCJ), Centrus Energy (NYSE: LEU), Oklo (NYSE: OKLO), NuScale Power (NYSE: SMR), and Nano Nuclear Energy (NASDAQ: NNE).
Only two of them sell nuclear fuel today
The other three sell something different — a construction timeline. These growth stocks have repriced hard this year. NuScale trades about 83% below its 52-week high as of this writing, Oklo about 77% below its own, and Nano Nuclear about 70% down from its peak.
Even Cameco, arguably the steadiest of the five, sits about 29% below its high. But the sell-off hasn’t changed what the three developers are. They remain pre-commercial companies whose combined market value still runs to about $12 billion.