Is NuScale Power Stock a Buy Now?
Over the past month or so, NuScale Power (NYSE: SMR) has seen its stock price rise by a massive 80%. That's a very large price advance in a very short period of time. It speaks to two important factors that investors need to consider before buying NuScale Power right now.Here's what you need to understand before jumping aboard this stock rally.NuScale Power is looking to build and sell small-scale modular nuclear reactors. Although it doesn't actually do either of those two things today, it has made material progress toward its long-term goals. For example, it has a regulatory-approved reactor design. And it is in the process of getting a second design, which produces more power, approved later in the year.Continue reading
Over the past month or so, NuScale Power (NYSE: SMR) has seen its stock price rise by a massive 80%. That's a very large price advance in a very short period of time. It speaks to two important factors that investors need to consider before buying NuScale Power right now.
Here's what you need to understand before jumping aboard this stock rally.
NuScale Power is looking to build and sell small-scale modular nuclear reactors. Although it doesn't actually do either of those two things today, it has made material progress toward its long-term goals. For example, it has a regulatory-approved reactor design. And it is in the process of getting a second design, which produces more power, approved later in the year.
