Name of opportunity: 👀
BWX Technologies, Inc
Who’s into nuclear?: ☢️
Asset managers are now investing - and recommending their clients invest, too - in companies that are involved in nuclear power. These investment managers are now thinking of nuclear power as a key part of the move towards green energy. Nuclear is an incredibly efficient source of power. That's one reason why some are saying it’s exactly what’s needed to ensure there’s enough power to meet the ever-growing demand for AI, which needs a huge amount of electricity to run.
The global head of sustainable core investing at BlackRock now advocates for investing in nuclear, as does a portfolio manager at J O Hambro, according to reporting from Bloomberg. But which nuclear stocks are the best bets? Well, one is BWX Technologies Inc.
How hot is this investment opportunity? 🔥🔥🔥
Analysts predict the price of BWX Technologies, Inc. will increase from $97.26 to $101.56 in the next 12 months. If you invested $1000, you might profit $45.78.
This company is in ‘Above Average’ financial health, and it has a range of clients from the US government to the commercial nuclear power industry. In BWX's Q2 earnings report, the company shared that Net Income (GAAP) was up 25% from the same period a year prior. Revenue from commercial operations was up 17% and revenue from government operations was up by 10% too.
As well as BWX Technologies, there are also competitors in the field like Constellation Energy Corp which operates the United States’ largest fleet of nuclear plants, or uranium producer and trader Cameco Corporation, both of which are predicted to increase in value in the next 12 months, too. The price of Constellation Energy Corp could soar by 24.80%, and Cameco might go up by 15.82%.
Nuclear power is still a controversial industry, raising important questions about how to safely dispose of nuclear waste, as well as how to successfully run nuclear power plants to minimise risk. However, a growing number of scientists are saying that it will be essential to rely more on nuclear power as time goes on, in order to lower the world's reliance on fossil fuels.
Fuelling up: 🛢️
BWX Technologies, Inc. is a specialty manufacturer of nuclear components, a developer of nuclear technologies, and a service provider. This American company designs and manufactures precision naval nuclear components, reactors and nuclear fuel. It operates through three reportable segments: Nuclear Operations Group, Nuclear Power Group, and Nuclear Services Group.
Which neme?: 🔍
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