Top Nuclear Stocks to Monitor This October

Oklo, NuScale Power, Centrus Energy, BWX Technologies, and Nano Nuclear Energy are the leading nuclear stocks to observe today, according to MarketBeat”s stock screener. The term “nuclear stocks” typically refers to shares of companies engaged in the nuclear energy sector, which encompasses uranium mining, fuel processing, reactor manufacturing, and the operation of nuclear power plants. Additionally, it includes service or technology providers associated with the nuclear fuel cycle.

Investors often use the term to describe any security projected to “go nuclear,” implying it may undergo significant price volatility with the potential for considerable gains or losses. These companies have exhibited the highest dollar trading volume among nuclear stocks in recent days.

Oklo (OKLO) specializes in designing and developing fission power plants aimed at delivering reliable, large-scale energy solutions to clients across the United States. The firm, established in 2013 and headquartered in Santa Clara, California, also offers recycling services for used nuclear fuel.

NuScale Power (SMR) is focused on developing and marketing modular light water reactor nuclear power plants. These reactors provide energy for electrical generation, district heating, desalination, hydrogen production, and various other heating applications. Their flagship product, the NuScale Power Module (NPM), can produce 77 megawatts of electricity (MWe), with the company also offering power plant designs capable of accommodating one to twelve NPMs.

Centrus Energy (LEU) supplies components and services for the nuclear power sector within the United States and globally, including Belgium and Japan. The company operates through two segments: Low-Enriched Uranium (LEU) and Technical Solutions. Its LEU segment provides separative work units (SWU), natural uranium hexafluoride, uranium concentrates, and enriched uranium products to utilities running nuclear power plants.

BWX Technologies (BWXT), along with its subsidiaries, manufactures and sells nuclear components in the United States, Canada, and internationally. Its operations are divided into two segments: Government Operations and Commercial Operations. The Government Operations segment focuses on designing and fabricating naval nuclear components, reactors, and nuclear fuel, while also supplying specialized valves, manifolds, and fittings to both naval and commercial shipping clients.

Nano Nuclear Energy (NNE) is also a prominent player in the nuclear energy field. Relevant reports regarding its operations and innovations are available for those interested in the sector.