10 Unstoppable Stocks to Buy According to Hedge Funds

7. Oklo Inc. (NYSE:OKLO)

% Gain over 6 Months: ~153.4%

Number of Hedge Fund Holders: 23

Oklo Inc. (NYSE:OKLO) is one of the 10 Unstoppable Stocks to Buy According to Hedge Funds. On June 23, Craig-Hallum analyst Eric Stine downgraded Oklo Inc. (NYSE:OKLO)’s stock to “Hold” from “Buy” with a price objective of $59, reflecting an increase from $43. Considering its build, own, operate model, Okla Inc. (NYSE:OKLO) has been articulating a regulatory path in which it would be the nuclear technology provider as well as the project owner, with the company supplying baseload zero emissions power along with heat to end users in the Al data centers and other applications.

The firm’s checks have resulted in various degrees of skepticism surrounding the company’s regulatory and commercial timelines. Even though the firm believes that it might be possible for Oklo Inc. (NYSE:OKLO) to meet its objectives, it also mentioned that this is a path that no company has decided to take. The company targets to deploy the first nuclear power plant at Idaho National Laboratory by 2027 end, or early in 2028 at the latest. The analyst believes that it would be prudent to wait for evidence of tangible progress.

Oklo Inc. (NYSE:OKLO) announced that the US Nuclear Regulatory Commission (NRC) began its review of the company’s Licensed Operator Topical Report. This highlights the continued progress in its regulatory strategy and follows Oklo Inc. (NYSE:OKLO)’s recent entry into the NRC’s Readiness Assessment Audit for Phase 1 for its Combined License Application.