NANO Nuclear Energy Stock And 2 More Picks For AI Data Center Power

Oil prices are back in focus as Middle East risk pushes inflation expectations higher, which keeps energy security on every policymaker’s agenda. That renewed focus turns the spotlight on nuclear energy stocks as one of the ways governments can seek reliable power that is less exposed to fuel price swings. This article highlights three stocks from the Nuclear Energy Stocks screener that stand out for investors exploring this theme today.

The stocks covered in the list below are just a sample, and the full Nuclear Energy Stocks screen surfaced 32 more companies with equally compelling narratives that are not covered in this article. To go deeper into this theme, head straight to the Nuclear Energy Stocks screener to identify, filter, and analyze the nuclear energy stocks that best fit your own conviction and risk profile.

NANO Nuclear Energy (NNE)

Overview: NANO Nuclear Energy is a New York based developer of compact microreactors such as the KRONOS and LOKI systems, along with advanced concepts like ZEUS and ODIN, aimed at supplying reliable, small footprint nuclear power for data centers, remote sites and specialized industrial users. The company is also working on a high assay low enriched uranium fuel processing facility, fuel transport capabilities and nuclear consulting services to support the broader reactor industry.

Market Cap: US$997.2 million

NANO Nuclear Energy is drawing attention from investors who want exposure to microreactors that could serve AI data centers and off grid customers, backed by a growing presence across the nuclear fuel supply chain. Progress on the KRONOS MMR prototype at the University of Illinois and recent regulatory milestones with the NRC indicate that the technology is moving from concept toward potential deployment, while defense focused contracts such as the AFWERX SBIR award point to additional end markets. At the same time, the company is still loss making with no meaningful revenue and relies on high risk funding, so future investor results depend on converting feasibility studies and partnerships into actual projects.

NANO Nuclear Energy is racing to turn microreactor hype into real projects, yet the full risk reward picture is easy to miss at a glance. Get the 1 key reward and 5 important warning signs (2 are major!)

Build your own nuclear energy shortlist

NANO Nuclear Energy and the two other stocks in this article are all pulled from a single screener, but your real advantage comes from creating filters that reflect your own view on valuation, growth potential, balance sheet strength and risk. Use our customisable Screener or lean on the foundations of our curated Investing Ideas.

Duke Energy (DUK)

Overview: Duke Energy is one of the largest regulated utilities in the United States, supplying electricity across the Southeast and Midwest and natural gas to residential, commercial, industrial, and power generation customers, with a mix of coal, gas, hydro, renewables, and a sizable nuclear fleet. The company also invests in gas pipelines, renewable natural gas, and storage projects, all managed from its headquarters in Charlotte, North Carolina.

Operations: Duke Energy generates most of its roughly US$33.0b in annual revenue from Electric Utilities and Infrastructure at about US$30.2b, with around US$3.2b from Gas Utilities and Infrastructure, almost entirely within the U.S.

Market Cap: US$94.5b

Investors watching the nuclear energy theme should pay attention to Duke Energy because it pairs a large regulated nuclear fleet and growing renewables pipeline with real world demand from data centers and fast growing Southeast economies. Earnings are described as high quality. Revenue and earnings are forecast to grow, and the P/E sits below both the broader U.S. market and the electric utilities industry, which points to some valuation appeal. At the same time, the story is not risk free. Heavy capital needs, higher leverage, reliance on external borrowings, and plans for sizeable equity issuance from 2027 could pressure returns if regulation or interest costs move the wrong way. The balance of that opportunity and those risks is where the real puzzle lies.

Duke Energy’s mix of a large nuclear fleet, growing renewables and a P/E below both the wider U.S. market and its own sector invites a closer look at what the market might be missing about its valuation and balance sheet risk. Get the full picture in the 4 key rewards and 2 important warning signs (1 is major!)

Fluor (FLR)

Overview: Fluor is a global engineering and construction company that designs, builds, and manages large scale projects for clients in energy, mining, advanced manufacturing, infrastructure, and government services, including nuclear remediation and security. It provides everything from early feasibility studies and project finance support to full EPC delivery, staffing, and long term maintenance.

Operations: Fluor generates most of its revenue from Urban Solutions at about US$10.3b, with Energy Solutions and Mission Solutions contributing roughly US$2.6b each.

Market Cap: US$7.0b

Fluor provides exposure to some of the largest capital projects tied to energy transition, nuclear work, and infrastructure, supported by a backlog of work, new awards such as the Aramco program management mandate, and contract activity across mining, LNG, and transport. The stock is currently unprofitable and relies on higher risk external borrowing. Analysts anticipate earnings and revenue growth, a potential turn to profitability within 3 years, and a P/S that screens as lower than peers, which together indicate that sentiment could improve if execution meets expectations. Recent Q2 results were reported as ahead of analyst forecasts, and a growing pipeline of mining and nuclear related opportunities is viewed by some investors as a key swing factor for those tracking nuclear infrastructure.

Fluor’s unprofitable status and reliance on higher risk borrowing sit alongside contract wins and large project exposure that many investors may be underestimating. See how the analyst forecasts for Fluor reframes that story before one detail changes everything.

Seeking Alternatives Beyond Nuclear Now

Fresh stock ideas move fast. Some are building breakout momentum while others are still under the radar for now. Do not get caught reacting late. Act now.

• Spot companies quietly building strong trends before they start flying by scanning the 21 high quality undiscovered gems while the stories still feel early stage.
• Target reliable income opportunities that could keep paying even when sentiment drops by checking the curated 9 dividend fortresses shortlist while it still feels overlooked.
• Hunt for resilient businesses where balance sheets matter most and let the list of solid balance sheet and fundamentals (48 results) guide you toward companies built to handle tougher conditions.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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