Could This $14 Energy Stock Be Your Ticket to Millionaire Status?
X-Energy (NASDAQ: XE) hasn't minted any millionaires since its IPO on April 24. The developer of small modular reactors (SMRs) went public at $23 per share, but it now trades at $14. Let's see why X-Energy's stock fizzled out, and if it might eventually deliver millionaire-making gains. X-Energy's Xe-100 SMRs, which individually generate 80 MWe, are much smaller than conventional nuclear reactors that typically generate more than 1,000 MWe. However, the Xe-100 can be deployed more easily in remote and off-grid areas. Image source: Getty Images. Continue reading