Is NVDA a Sell? Buy This Stock Instead Before Dec. 31

After soaring over 150% in 2024 alone... is it actually time to buy Nvidia? A 50-year Wall Street veteran gives his answer to Nvidia, right here... Including the name and ticker of one under-the-radar AI stock to buy instead of Nvidia... before Tuesday, December 31st.

Nuclear Energy Stocks Are Hot: Here's A List Of Tickers To Watch

Erica Kollmann
October 21, 2024

Nuclear energy-related stocks have taken off following major announcements from Alphabet, Inc.'s  (NASDAQ:GOOG) (NASDAQ:GOOGL) Google and Amazon.com, Inc. (NASDAQ:AMZN) as the tech industry turns to nuclear energy to power AI data centers. Here's a look at a sampling of stocks that could benefit from the market's nuclear trend.

Last week, both Google and Amazon announced major nuclear power agreements with privately-owned small modular reactor (SMR) companies. Google signed a large deal with Kairos Power and Amazon inked a deal with Energy Northwest to build four advanced SMRs. 

SMR Developers:

Both Kairos Power and Energy Northwest are privately-held companies. However, there are several publicly traded companies focused on SMRs. 

  • Oklo, Inc. (NYSE:OKLO) develops fast fission power plants to provide nuclear energy at scale and counts OpenAI's Sam Altman as the chairman of its board of directors. The stock has gained more than 190% over the past month as the nuclear trade takes off. 
  • NuScale Power Corp. (NYSE:SMR) develops modular light water reactor nuclear power plants and its stock has soared nearly 100% over the past month. 
  • Nano Nuclear Energy, Inc. (NASDAQ:NNE) is a developer of portable, on-demand capable, and advanced nuclear microreactors. Nano Nuclear Energy stock is up 85% over the past month

Read Next: Lucid CEO Peter Rawlinson Talks Saudi Investment, Elon Musk’s Political Views And Taking Business From Tesla

Power Producers:

Shares of power companies have also gained as data centers and AI applications raise demand for energy to power the emerging technologies. 

  • Constellation Energy Corp. (NASDAQ:CEG) a massive deal with Microsoft Corp. (NASDAQ:MSFT) in September which includes plans to restart Unit 1 of the Three Mile Island nuclear facility. The reopening is part of a 20-year power purchase agreement to power Microsoft's AI data centers. 
  • Vistra Corp. (NYSE:VST) is one of the largest power producers and retail energy providers in the U.S. and owns 41 gigawatts of nuclear, coal, natural gas, and solar power generation. The stock is also the best performer in the S&P 500 in 2024, beating out other AI-related names including NVIDIA Corp. which was the best performer in 2023. 

Uranium Stocks:

Uranium is needed to generate nuclear power and prices have increased significantly, up roughly 60% since the beginning of the year. 

  • Cameco Corporation (NYSE:CCJ) is a uranium producer with several projects including Millennium, Yeelirrie, Kintyre and Exploration. Cameco shares are up nearly 45% over the past month. 
  • Centrus Energy Corp. (AMEX:LEU) supplies enriched uranium fuel for commercial nuclear power plants in the U.S. and internationally. Centrus Energy stock gained 21% on Friday after the Department of Energy awarded the company a contract aimed at expanding its domestic commercial production. 

“Huge Opportunity”

Last week, Oklo's co-founder and CEO Jacob DeWitte joined CNBC's "Money Movers" and highlighted the current opportunities for companies in the nuclear power industry.  

"It's an extremely exciting time for nuclear … the numbers are staggering here. The power demand numbers, frankly, they're mind-blowing," DeWitte said. "It's a huge opportunity for a lot of players in the space, and nuclear offers a really great solution. " 

Read Also: 

  • Microsoft AI Revenue ‘Could Eclipse’ $10B In 2025, Bullish Analyst Says

Continue Reading...

Popular

Stocks Slip On Hot Inflation Data, Adobe Tumbles, Natural Gas Hits 1-Year High: What's Driving Markets Thursday?

Risk sentiment soured on Thursday following hotter-than-expected producer inflation data, which dampened optimism for aggressive interest rate cuts in 2025.

Warner Bros. Discovery Stock Spikes As Board OKs Restructuring Plan

Warner Bros. Discovery, Inc (WBD) stock climbed after the Board approved new corporate structure to enhance strategic flexibility. Stock surged 33% in last 30 days.

The Secret to Trading Success? It's Simpler Than You Think - Ad

Forget fancy software. Top traders rely on free alerts that tell them when to jump on the next big trade. Straight to your phone. No guessing, no stress.

Companies tighten security after a health care CEO's killing leads to a surge of threats

“Wanted” posters with the names and faces of health care executives have been popping up on the streets of New York. Hit lists with images of bullets are circulating online with warnings that industry leaders should be afraid.

Louise Trotter is named creative director of Bottega Veneta, as Matthieu Blazy moves on

MILAN (AP) — Kering announced Thursday that Louise Trotter has been named creative director of the fashion house, taking over from Matthieu Blazy.

This AI Stock Could Lead a $120 Billion Market - Ad

AI stocks are making waves, but the real breakthrough is happening in the $120 billion security robotics market. Autonomous robots are transforming public safety, and one company is ahead of the curve. Timing is everything. Ready to find out more?

What do we know about the mysterious drones reported flying over New Jersey?

A large number of have been reported flying over parts of New Jersey in recent weeks, sparking speculation and concern over who sent them and why.

Suspect in UnitedHealthcare CEO killing charged with murder in New York, court records show

ALTOONA, Pa. (AP) — After on a New York sidewalk, police searched for the masked gunman with dogs, drones and scuba divers. Officers used the city's . Investigators analyzed DNA samples, fingerprints and internet addresses. Police went door-to-door looking for witnesses.

Elon's New Tech Could Be Bigger Than Tesla & SpaceX... Combined - Ad

Forget rockets or brain implants... Elon's new AI product could be his biggest invention yet. Jeff Brown tried it himself recently and caught his experience on camera. See this footage because according to Tesla Magazine, this new product "could well shape the technological and economic future of our society."

A Southwest jet and a small plane wound up on the same runway after being cleared to land

WASHINGTON (AP) — A Southwest Airlines jet wound up on the same runway with a small private plane that had stopped after an air traffic controller cleared both planes to land on the same California runway in October, according to federal investigators.

Commanders hire Campbell's CEO Mark Clouse as their new team president

WASHINGTON (AP) — The hired Mark Clouse as their new team president Tuesday, putting the longtime food executive in charge of all facets of the organization's business operations when he starts in late January.

Crypto Stocks Surge Amid Market Boom - Ad

Crypto stocks are on fire as Bitcoin hits all-time highs. One under-the-radar company is leading the charge, managing $2.1 billion in client assets and seeing record trading volumes. With crypto adoption skyrocketing, this could be a game-changing opportunity.

China bans exports to US of gallium, germanium, antimony in response to chip sanctions

BANGKOK (AP) — China announced Tuesday it is banning exports to the United States of gallium, germanium, antimony and other key high-tech materials with potential military applications.

Small business owners brace for Trump's proposed tariffs

Small businesses are bracing for stiff tariffs that President-elect has proposed as .

Gates-Backed Company Holds the Future of AI - Ad

Bill Gates is making his next big bet. And this time, it's with artificial intelligence. Over the last several years, Gates has quietly invested more than $750 million into this technology. And he's not the only one. Warren Buffett, Peter Thiel, Jeff Bezos, and others are in on it too. In this new exposé, Porter Stansberry shares all the details.

Days after gunman killed UnitedHealthcare's CEO, police push to ID him and FBI offers reward

NEW YORK (AP) — The gunman who the CEO of the largest U.S. health insurer likely left New York City on a bus soon after the brazen ambush that has shaken corporate America, police officials said. But he left something behind: a backpack that was discovered in Central Park.

AI Has Already Minted 500,000 New Millionaires in 2 Years... - Ad

If you missed out on the riches from AI the past 12 months, listen up: A brand new AI "wealth wave" is already hitting the markets... and could pay out even more than what we've already seen. There's still time to get into AI as an investor in this "Bot Com Revolution" and avoid getting left behind.

Fortnite players 'tricked' into unwanted purchases are starting to get refunds. Here's how to apply

NEW YORK (AP) — U.S. consumers who were “tricked” into purchases they didn't want from Fortnite maker are now starting to receive refund checks, the Federal Trade Commission said this week.

"This Will Be Worse Than the Great Depression, the Dot-Com Crash, and the 2008 Crisis Combined" - Ad

According to Dan Ferris, who has predicted nearly every major market crisis of the last 25 years, a new crisis in the US economy could soon cost you 50% of your portfolio or more if you don't prepare your wealth now. Especially if you're sitting on large gains.

Cathie Wood Sees $400B Opportunity In Biologics — How Have Her Bets Fared?

Cathie Wood, CEO of ARK Invest, is doubling down on biologics, seeing unprecedented potential at the intersection of artificial intelligence, genetic sequencing, and gene editing technologies.

44 years after New York couple vanished, car matching description of theirs is found in Georgia

BRUNSWICK, Georgia (AP) — A car similar to one driven by a wealthy New York couple missing for more than four decades has been found in a south Georgia pond near the hotel where they were last seen, police in Georgia said.

Elon Musk Is in Trump's "Inner Circle" - Ad

Elon Musk is one of Donald Trump's closest allies. James Altucher says that what Elon has planned next could lead to the world's first "Super-IPO" -- creating $100 billion on the first day it goes public! This "backdoor" play could be the best way to profit before the IPO...Starting with as little as $50.

Trump's Energy Policies Poised To Reshape Oil & Gas Market: Winners And Losers Revealed

Trump's energy plans could reshape US markets with potential tariffs, increased production, and LNG exports. Goldman Sachs breaks down winners and losers.

[VIDEO] Watch Cannabis Farm Rattled By California's 7.0 Earthquake

Watch Humboldt Flower Company earthquake footage as a magnitude 7 quake shakes cannabis grow room, triggering a tsunami warning in California.

AI-Driven Security: A Market Set to Explode - Ad

The future of AI is here, and it's in security robotics. One company is capitalizing on this growing demand, already securing major contracts and scaling rapidly. This could be the next big opportunity in AI. Want to know the details?

What's Going On With NIO Stock Today?

Nio shares gained 12.4% Monday. Shares of U.S.-listed Chinese traded higher following reports suggesting Chinese officials would embrace a "moderately loose" monetary policy.

Why Is This Bull Run Scaring JP Morgan, Goldman Sachs, and Warren Buffett? - Ad

Billionaires Warren Buffett, Stanley Druckenmiller, and David Tepper have all sold off massive U.S. stock positions. Billionaire Ray Dalio, who runs one of the world's most successful hedge funds, says, "Things are going to get worse for our economy." What are these billionaires so worried about?

He'll be the last meatpacker in the Meatpacking District. Here's how NYC's gritty 'hood got chic

NEW YORK (AP) — When John Jobbagy’s grandfather immigrated from Budapest in 1900, he joined a throng of European butchers chopping up and shipping off meat in a loud, smelly corner of Manhattan that New Yorkers called the Meatpacking District.

Death sentence for real estate tycoon Truong My Lan upheld in Vietnam's largest fraud case

HANOI, Vietnam (AP) — The death sentence for real estate tycoon was upheld Tuesday in Vietnam's largest fraud case, the scale of which had raised concerns about the country's economy.

Why December 18th Will Impact Stocks More Than The Election - Ad

A man from a completely different government branch is going to stand up, say a few words... and make history in the stock market. This event comes along only every 25 years... And experts are already positioning themselves to profit from it.

Nvidia, AMD, C3 ai, Oracle, Tesla: Why These 5 Stocks Are On Investors' Radars Today?

On Monday, major U.S. indices closed in the red, with the Dow Jones Industrial Average falling 0.5% to 44,401.93.

Apple's Foldable iPhone Could Spark Smartphone Market Revival In 2026, Says Expert

Apple's reported plans to launch a foldable iPhone in 2026 could breathe new life into the foldable smartphone market.

Do NOT Buy Nvidia, Apple, Microsoft, Meta, Tesla, or ANY Major Tech Stock... - Ad

31 billionaires (including: Warren Buffett, Elon Musk, Jeff Bezos, and more) are quietly unloading shares of their OWN stocks at RECORD pace... But why? Wall Street legend Eric Fry says it's because, soon: "America's most popular stocks like Nvidia, Apple, Meta, Tesla, and thousands more... are set to come plummeting back to Earth." Erasing YEARS of investor profits... Sparking a $17 trillion PANIC on Wall Street...

Top 3 Consumer Stocks That May Keep You Up At Night This Quarter

Three stocks in the consumer discretionary sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

Why Is Telomir Pharmaceuticals Stock Trading Higher On Tuesday?

Telomir Pharmaceuticals unveils preclinical data on Telomir-1, highlighting its potential in Type 2 diabetes, aging, and inflammatory diseases.

Exposed: 3 Cent Crypto to Explode December 16th? - Ad

Chris Rowe, the man who spotted 44 different coins that have returned over 100%, is now making the biggest crypto call of his ENTIRE career.... Because a powerful crypto event will trigger on December 16th... Sending hundreds of tiny cryptos soaring 5X, 50X, even 100X -- in just days.

Trump Organization leases brand to 2 new projects in Saudi Arabia

DUBAI, United Arab Emirates (AP) — said Monday it has leased its brand to two new real estate projects in Saudi Arabia just weeks before President-elect Donald Trump returns to the White House.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright trendadvisor.net
Privacy Policy | Terms of Service