From a cursory glance, nuclear energy specialist NuScale Power (SMR) doesn’t readily appear a viable investment. For one thing, the underlying industry suffers from a product evangelism challenge. While nuclear power delivers the goods, it also poses severe and practically permanent consequences if circumstances go awry.
Looking at the matter from an investment perspective, SMR stock appears incredibly speculative. Since the beginning of this year, shares stumbled nearly 27% of equity value. Since making its public market debut (as a special purpose acquisition company, no less), SMR gave up just under 26%.
