13 Best Booming Stocks to Buy Now

6. NuScale Power Corporation (NYSE:SMR)

YTD Returns: 100.23%

NuScale Power Corporation (NYSE:SMR) is among the 13 Best Booming Stocks to Buy Now. The company’s shares have shown remarkable momentum in 2025 so far, with year-to-date returns of over 100%, amid a broader surge in nuclear stocks and growing investor confidence in small modular reactors (SMRs).

Shares have soared since May after President Trump signed a series of executive orders to streamline the construction of new reactors in the country. During the month, the U.S. Nuclear Regulatory Commission also approved NuScale Power Corporation (NYSE:SMR)’s design for 77 MW reactors, clearing a hurdle in the company’s quest to be the first to build a U.S. SMR.

However, the stock has declined nearly 10% over the past month, in signs that the rally may have stretched too far. While Wall Street analysts have a consensus Buy rating for NuScale Power Corporation (NYSE:SMR), the stock has a one-year average share price target of $34.66, representing a downward potential of 8%.

Recent rating updates have also implied analyst caution. On June 25, BTIG downgraded NuScale Power Corporation (NYSE:SMR) to Neutral from Buy, citing limited visibility into order growth and an assessment that recent gains have outpaced short-term fundamentals.

On June 23, Citigroup initiated coverage of the stock with a Neutral rating and set a price target of $46 for its shares, reflecting a 23% upside potential. While the firm sees new orders on the horizon, it has also warned of significant execution risks.

What NuScale Power Corporation (NYSE:SMR)’s future holds remains to be seen, but the stock has surely doubled the fortunes this year for several investors betting on the company.