In this article, we are going to discuss the best nuclear energy stocks to buy right now.
The American nuclear energy sector received a massive boost last month when President Trump signed an executive order to quadruple the country’s nuclear energy capacity and remove red tape. The White House aims to ensure America’s energy security in the wake of a record rise in the demand of electricity, primarily due to the AI boom and its accompanying data centers.
The order has paid special attention to establishing small modular reactors, or SMRs, as they ‘offer a lower initial capital investment, greater scalability, and siting flexibility for locations unable to accommodate more traditional larger reactors’. While the technology has already been around in other countries for years (especially China), it is still relatively new in the United States, and there isn’t a single SMR operating in the country.
Moreover, the strategic move aims to increase the domestic mining and enrichment of nuclear fuel and reduce reliance on imports from China and Russia, given the current geopolitical landscape.
This nuclear renaissance is not limited to America alone, as the International Atomic Energy Agency (IAEA) expects the global nuclear capacity to expand by up to 2.5 times by 2050.
With that said, here are the Best Nuclear Energy Stocks in 2025.
Our Methodology
To collect data for this article, we scanned Insider Monkey’s database of hedge funds’ stock holdings and picked the top 10 companies operating in the nuclear energy sector with the highest number of hedge fund investors in Q1 of 2025. The following are the Best Nuclear Energy Stocks According to Hedge Funds.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
10. Dominion Energy, Inc. (NYSE:D)
Number of Hedge Fund Holders: 46
Dominion Energy, Inc. (NYSE:D) is counted among the best utility stocks according to hedge funds. The company is well-positioned to take full advantage of the ongoing AI boom as it serves the world’s largest cluster of data centers in northern Virginia. Moreover, it is currently building a large offshore wind farm in the state to make sure it can meet the added demand that AI will create. The project is scheduled for full completion at the end of next year.
Dominion Energy, Inc. (NYSE:D) announced in its Q1 2025 earnings call that it has about 40 GW of data center capacity in various stages of contracting, including what is now approximately 10 GW of capacity contracted under electric service agreements. Earlier this year, the company updated its capital investment forecast from 2025 through 2029 to $50 billion, which should grow its earnings per share by 5% to 7% annually.
Dominion Energy, Inc. (NYSE:D) recently signed a deal with Naval Weapons Station Yorktown to explore building a small modular reactor (SMR) and other alternative energy options, such as a solar farm, on the base. This comes after the company also signed an MoU with Amazon last year to explore developing an SMR near the Dominion’s North Anna nuclear station in Louisa County, Virginia.
Dominion Energy, Inc. (NYSE:D) provides regulated electricity and natural gas services in the United States. The company also operates several nuclear power stations in the country.
9. BWX Technologies, Inc. (NYSE:BWXT)
Number of Hedge Fund Holders: 52
BWX Technologies, Inc. (NYSE:BWXT) is among the Best Nuclear Energy Stocks to Buy Right Now.
BWX Technologies, Inc. (NYSE:BWXT) closed at its all-time high this week after it was announced that a joint venture led by the company has secured a high-value contract to manage Canadian Nuclear Laboratories. Valued at an average of C$1.2 billion annually, the contract is for six years, with possible extensions reaching up to 20 years.
Moreover, BWX Technologies, Inc. (NYSE:BWXT) continues to expand its footprint and completed the acquisition of Kinectrics last month. The strategic move is aimed at expanding the company’s capabilities, including lifecycle management, specialized plant services, and engineering, along with nearly doubling its workforce.
John MacQuarrie, President of Commercial Operations of BWX Technologies, Inc. (NYSE:BWXT), stated:
“Since we announced our intention to acquire Kinectrics in January, we have been looking forward to this day, when the complementary nature of our organizations begins to take shape. From the commercial nuclear power market to medical isotopes, we are enhancing our capabilities across the board, supporting a growing nuclear new build and life extension industry in Canada and strengthening BWXT’s position in the global nuclear market.”
The share price of BWX Technologies, Inc. (NYSE:BWXT) has surged by over 23% since the beginning of 2025.
BWX Technologies, Inc. (NYSE:BWXT) is a leading supplier of nuclear components and fuel to the US government, including the manufacturing of nuclear reactor components for US Navy submarines and aircraft carriers, and other nuclear and non-nuclear R&D and component production.
