These 10 Stocks Are Flying High

6. Fluor Corporation (NYSE:FLR)

Fluor Corp. jumped by 10.97 percent on Wednesday to finish at $49.79 apiece, mirroring the rally in nuclear stocks amid the ongoing progress in nuclear development in the US.

The rally was likely boosted by the US Air Force’s milestone deal with another small modular reactor (SMR) provider, in line with the United States’ plan to ramp up the adoption of nuclear reactor technologies in the country.

The optimism spilled over to NuScale Power Corp., in which Fluor Corporation (NYSE:FLR) owns a significant stake.

In the first quarter of the year, Fluor Corporation (NYSE:FLR) swung to an attributable net loss of $241 million from a $59 million attributable net income in the same period last year.

Revenues increased by 6.7 percent to $3.98 billion from $3.73 billion year-on-year.

Fluor Corporation (NYSE:FLR) is a Texas-based engineering, procurement, and construction company that is heavy on building nuclear power plants.