1 No-Brainer Nuclear Stock to Buy With $2,000 Right Now

Core Perspective - The article discusses the investment potential of Fluor Corporation, particularly in the context of the nuclear power industry and small modular reactors (SMRs) [1][5]. Company Overview - Fluor Corporation is an engineering and construction company specializing in building full-scale nuclear plants that generate 1 gigawatt and above [6]. - Fluor holds a 38.9% stake in NuScale Power, a prominent SMR company, which is valued at approximately $2.3 billion based on NuScale's market capitalization of $6 billion [7]. Financial Analysis - Fluor's market capitalization is approximately $6.6 billion, with its NuScale stake and cash backing up 62% of this value, leading to an effective enterprise value of about $2.5 billion [8]. - The company reported earnings of $3.4 billion over the last 12 months, resulting in an enterprise-value-to-earnings ratio of less than 1 [9]. - Analysts project Fluor will earn around $360 million in real profit next year, with a growth rate of about 36% over the next three years, translating to a 12% annual growth rate [10][11]. Market Context - The nuclear power sector has seen a rise in stock prices for major SMR companies, but there are concerns regarding their profitability, with none expected to turn a profit before 2030 [4]. - Fluor's profitability contrasts with the SMR companies, as it is already generating revenue, making it a potentially safer investment in the nuclear sector [5][4]. Industry Developments - The U.S. Department of Energy announced Japan's commitment to invest $550 billion in the U.S., including $80 billion for the construction of 10 large nuclear power plants, which aligns with Fluor's business model [14]. - This development may positively impact Fluor's stock, despite the decline in value of its NuScale stake [15].