These 10 Stocks are Stealing the Spotlight

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1. NuScale Power Corporation (NYSE:SMR)

NuScale Power soared by 18.47 percent on Tuesday to close at $43.24 apiece following news that it joined forces with Paragon Energy Solutions to support the expansion of the nuclear industry.

Under the signed strategic agreement, Paragon Energy will supply NuScale Power Corporation (NYSE:SMR) with its CoreVision Neutron Monitoring System technology and its Highly Integrated Protection System (HIPS), which will then be incorporated into ENTRA1 Energy PlantsTM utilizing NuScale SMR technology.

The new agreement deepened their earlier collaboration signed in 2021, which included Paragon in the project development and execution of SMR and advanced reactor markets.

“At NuScale, we are focused on delivering power that is not only clean and reliable, but most importantly, that is safe, and our partner Paragon is aligned with that mission. Paragon will provide key monitoring and protection capabilities for ENTRA1 Energy PlantsTM utilizing NuScale SMR technology as we prepare for near-term deployment and for bringing safe, always-on energy to users around the world,” said NuScale Power Corporation (NYSE:SMR) President and CEO John Hopkins.

While we acknowledge the potential of SMR to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than SMR and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

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