The ongoing conflict in Iran is driving oil and gas prices higher, prompting renewed interest in alternative energy, particularly nuclear power. With its potential for stable energy generation and reduced dependence on volatile suppliers, nuclear energy is gaining traction among investors. Three notable stocks in this sector are Oklo, NuScale Power, and Duke Energy, each catering to different risk appetites.
Oklo, an early-stage nuclear start-up, is advancing its small modular reactor (SMR) project with significant regulatory approvals, aiming for commercial operations by late 2027. NuScale Power is also focused on SMRs, recently partnering with Ebara Elliott Energy to explore energy-efficient applications for petrochemical plants. In contrast, Duke Energy offers a more stable investment with a long-standing nuclear portfolio and a solid dividend yield of 3.3%, appealing to conservative investors.
For market professionals, the nuclear sector presents a compelling opportunity amid rising energy prices, but risk tolerance will dictate the choice of investment. Start-ups like Oklo and NuScale offer high growth potential, while established players like Duke provide stability and income.
Source: fool.com