Promising Nuclear Stocks Worth Watching - August 12th

Key Points

• MarketBeat has identified five promising nuclear stocks to watch: Oklo, Berkshire Hathaway, Cardinal Health, GE Vernova, and Vistra, based on their high trading volumes.
• Oklo plans to provide reliable commercial-scale fission power and has seen its stock fluctuate significantly, with a 52-week range between $5.35 and $85.35.
• Berkshire Hathaway's stock recently reached $471.18, and the company is heavily involved in various utility businesses, including nuclear energy generation.

Oklo, Berkshire Hathaway, Cardinal Health, GE Vernova, and Vistra are the five Nuclear stocks to watch today, according to MarketBeat's stock screener tool. “Nuclear stocks” refers to the total inventory of nuclear weapons and the fissile materials (such as highly enriched uranium and plutonium) held by a state or group. These stocks include deployed, reserve and retired warheads as well as stored fissile material earmarked for potential weaponization. Monitoring and managing nuclear stocks is central to arms-control and nonproliferation efforts. These companies had the highest dollar trading volume of any Nuclear stocks within the last several days.

Oklo (OKLO)

Oklo Inc. designs and develops fission power plants to provide reliable and commercial-scale energy to customers in the United States. It also provides used nuclear fuel recycling services. The company was founded in 2013 and is based in Santa Clara, California.

NYSE OKLO traded up $6.43 on Tuesday, hitting $78.29. The company's stock had a trading volume of 17,958,459 shares, compared to its average volume of 18,242,707. Oklo has a 52-week low of $5.35 and a 52-week high of $85.35. The company's 50-day simple moving average is $62.80 and its 200 day simple moving average is $43.46. The firm has a market cap of $10.92 billion, a P/E ratio of -14.46 and a beta of 0.60.

Read Our Latest Research Report on OKLO

Berkshire Hathaway (BRK.B)

Berkshire Hathaway Inc., through its subsidiaries, engages in the insurance, freight rail transportation, and utility businesses worldwide. The company provides property, casualty, life, accident, and health insurance and reinsurance; and operates railroad systems in North America. It also generates, transmits, stores, and distributes electricity from natural gas, coal, wind, solar, hydroelectric, nuclear, and geothermal sources; operates natural gas distribution and storage facilities, interstate pipelines, liquefied natural gas facilities, and compressor and meter stations; and holds interest in coal mining assets.

Shares of NYSE BRK.B traded up $6.45 during midday trading on Tuesday, hitting $471.18. 1,902,192 shares of the company traded hands, compared to its average volume of 4,879,352. Berkshire Hathaway has a 12-month low of $425.90 and a 12-month high of $542.07. The stock has a 50-day moving average price of $480.69 and a 200 day moving average price of $497.08. The firm has a market cap of $1.02 trillion, a P/E ratio of 16.15, a P/E/G ratio of 3.24 and a beta of 0.81.

Read Our Latest Research Report on BRK.B

Cardinal Health (CAH)

Cardinal Health, Inc. operates as a healthcare services and products company in the United States, Canada, Europe, Asia, and internationally. It provides customized solutions for hospitals, healthcare systems, pharmacies, ambulatory surgery centers, clinical laboratories, physician offices, and patients in the home.

Shares of NYSE CAH traded down $11.15 during midday trading on Tuesday, hitting $146.51. 4,992,393 shares of the company traded hands, compared to its average volume of 2,391,386. Cardinal Health has a 12-month low of $100.80 and a 12-month high of $168.44. The stock has a 50-day moving average price of $160.10 and a 200 day moving average price of $144.16. The firm has a market cap of $34.97 billion, a P/E ratio of 22.88, a P/E/G ratio of 1.56 and a beta of 0.67.

Read Our Latest Research Report on CAH

GE Vernova (GEV)

GE Vernova LLC, an energy business company, generates electricity. It operates under three segments: Power, Wind, and Electrification. The Power segments generates and sells electricity through hydro, gas, nuclear, and steam power. Wind segment engages in the manufacturing and sale of wind turbine blades; and Electrification segment provides grid solutions, power conversion, solar, and storage solutions.

GEV traded up $3.47 during midday trading on Tuesday, reaching $654.23. The company's stock had a trading volume of 706,928 shares, compared to its average volume of 3,587,768. The firm has a market capitalization of $178.09 billion, a price-to-earnings ratio of 157.71, a PEG ratio of 4.49 and a beta of 1.90. GE Vernova has a 1 year low of $173.07 and a 1 year high of $677.29. The stock's 50-day moving average is $551.84 and its 200-day moving average is $426.07.

Read Our Latest Research Report on GEV

Vistra (VST)

Vistra Corp., together with its subsidiaries, operates as an integrated retail electricity and power generation company. The company operates through six segments: Retail, Texas, East, West, Sunset, and Asset Closure. It retails electricity and natural gas to residential, commercial, and industrial customers across states in the United States and the District of Columbia.

VST stock traded up $8.02 on Tuesday, reaching $208.10. 2,049,455 shares of the company traded hands, compared to its average volume of 7,254,306. Vistra has a one year low of $72.90 and a one year high of $216.85. The company has a debt-to-equity ratio of 6.53, a current ratio of 0.86 and a quick ratio of 0.77. The company has a market cap of $70.62 billion, a P/E ratio of 33.14, a price-to-earnings-growth ratio of 2.46 and a beta of 1.30. The firm has a fifty day simple moving average of $189.48 and a 200-day simple moving average of $155.96.

Read Our Latest Research Report on VST

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.