About a month ago, I told investors to buy the dip in nuclear energy stocks. I still believe that and, in fact, there has been more positive news since then.
First, two realities are still with us. One, Big Tech companies building massive data centers to meet the needs of artificial intelligence (AI) still are looking for as much power as electric utilities can supply – and they prefer clean energy. And two, they want the power sooner rather than later. Thanks to their huge cash piles, they can both afford to, and are willing to, pay a premium for power, especially nuclear power.
