NuScale Power Just Reported Earnings. Here's Why I'd Buy After the Numbers Dropped.
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NuScale Power (NYSE: SMR) has huge growth potential. The nuclear company is chasing a multi-trillion-dollar opportunity that should persist for decades to come. That opportunity is made possible through the rapid adoption of artificial intelligence technologies, which in turn is fueling a global buildout of data center infrastructure. All that infrastructure will need massive amounts of new energy generation capacity to function properly. NuScale's small modular reactor (SMR) technology could be a perfect antidote to these scaling challenges.Despite this rosy growth potential, NuScale stock is down 79% versus its former highs set last summer. That includes a 10% drop since the company reported earnings on May 7, even though there was some positive news on several major projects in the pipeline. Here's why I would consider buying shares following the post-earnings slide. Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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Quelle: MotleyFool