This Nuclear Stock Doesn't Need a Breakthrough. It Just Won Another $189 Million Contract Doing What It's Always Done.
As electricity demand rises and energy security becomes more important, the Department of Energy is creating a pathway for advanced small modular reactors, microreactors, and the specialized fuel they need. As nuclear energy stages a comeback, investors have an excellent opportunity to invest in the growing nuclear industry. BWX Technologies (NYSE: BWXT) doesn't need to wait for the next generation of reactors to succeed. The company has spent decades manufacturing critical nuclear components and nuclear fuel for the U.S. Navy. Its latest $189 million contract reminds us that BWXT can win by doing what it has long done best. Image source: Getty Images. Continue reading