10 Stocks With Effortless 14-25% Gains

6. Oklo Inc. (NYSE:OKLO)

Oklo Inc. clawed back to the $100 territory on Thursday, soaring 15.59 percent to close at $111.65 apiece, as investors took heart from an investment firm’s price target upgrade for its stock.

In its latest market report, UBS raised its price target for Oklo Inc. (NYSE:OKLO) to $95 from $65 previously, while maintaining a “neutral” stance, amid its visibility to larger initial project sizes.

Additionally, Oklo Inc. (NYSE:OKLO) rallied alongside its technology counterparts, as investor sentiment was fueled by increasing hopes for an interest rate cut.

The US central bank’s policymakers are set to meet next week for their last Federal Open Market Committee meeting, where a 25-basis-point rate cut is projected.

A rate cut stands to benefit capital-intensive companies as it would lower the borrowing rates.

In other news, Oklo Inc. (NYSE:OKLO) last month joined forces with Siemens Energy to begin engineering and design for a condensing SST-600 steam turbine, an SGen-100A industrial generator, and associated auxiliaries to support its Aurora powerhouse at Idaho National Laboratory (INL).

The power conversion system represents one of the major long-lead procurements required to commence power operations of the Aurora powerhouse.