Elon Musk may have just made the SMR nuclear power industry irrelevant.SpaceX is planning to IPO, and this could be bad news for Oklo (OKLO +1.45%). Shares of the start-up atomic technology stock fell more than 6% in early trading Thursday before finding their footing. As of 2:25 p.m. ET, Oklo stock is back in the green and up 1.5%.But these gains may not last. SpaceX's AI ambitionsWhy not? The answer goes straight back to why Oklo stock (presumably) tanked this morning.Yesterday evening, Ars Technica confi ...

Is Fluor stock your best bet to profit from the nuclear renaissance? It certainly looks cheap enough.If you want to invest in nuclear power stocks, I've got just one name for you: Fluor Corporation (FLR +1.23%).Not Nano Nuclear Energy . Not NuScale Power Corporation (SMR +5.04%). Not Oklo -- none of the "SMR" start-up companies developing small modular nuclear reactors. None of them are profitable. According to forecasts from S&P Global Market Intelligence, none of them will be profitable for at least five ...

Core Viewpoint - The nuclear power sector is gaining momentum, with President Trump aiming to quadruple U.S. nuclear power output by 2050, creating a favorable environment for investment in nuclear stocks, particularly Fluor [1]. Industry Overview - The U.S. government is accelerating nuclear power development through executive orders, including a commitment to approve new reactor licenses within 18 months and a pilot program for three experimental reactors by July 2026 [5]. - The Department of Energy plans to deploy advanced small modular reactors by the end of 2027 and aims for at least one operational nuclear reactor on a military base by September 2028 [5]. Company Analysis: Fluor - Fluor is identified as a strong investment opportunity in the nuclear sector, with a 19% stock increase over the past year, outperforming the S&P 500 [4]. - The company holds a majority interest in NuScale, which has a market capitalization of $10.3 billion, while Fluor's market cap is only $8.7 billion, indicating a potential undervaluation [7]. - Analysts project Fluor's earnings to be $470 million in 2026, $530 million in 2027, and $638 million in 2028, suggesting a stable earnings growth trajectory [8]. - Fluor's price-to-earnings ratio is estimated at 18.5 times forward earnings, which is considered reasonable given the expected earnings growth [9]. - The company is expected to generate positive free cash flow of $343 million this year, with a forecasted growth rate of over 20% annually for the next three years [10]. - Fluor's enterprise-value-to-free-cash-flow ratio is projected to be 21, indicating a favorable valuation compared to other nuclear companies that are not profitable [11].