Why NuScale Power Stock Popped Wednesday

Core Insights - NuScale (NYSE: SMR) stock, a manufacturer of small modular nuclear power reactors, increased by 6.3% as of 10:30 a.m. ET Wednesday, likely due to positive developments in the nuclear sector [1] Group 1: Positive Developments - Bank of America upgraded rival Oklo (NYSE: OKLO) following its new contract with Meta (NASDAQ: META), which involves Meta pre-paying Oklo for power, providing necessary funds for Oklo to build SMR reactors [3] - Japan restarted operations at the world's largest nuclear power plant, with TEPCO reopening the No. 6 reactor at the Kashiwazaki-Kariwa nuclear power plant for the first time since the 2011 Fukushima disaster [4] - Japan has reopened at least 14 reactors in recent years, indicating a broader acceptance of nuclear power despite past risks [4] Group 2: Industry Outlook - The reopening of a nuclear plant in a quake-prone region suggests a renewed commitment to nuclear energy, which could positively impact the industry and companies like NuScale [4] - Analysts indicate that NuScale may not achieve profitability before 2030, which could be a consideration for potential investors [6] - The Motley Fool Stock Advisor identified 10 stocks they believe are better investment opportunities than NuScale Power at this time [7]