3 Stocks To Play The Nuclear Energy Boom

Three stocks are recommended for investors seeking to capitalize on the growing nuclear energy industry. The first is NextEra Energy Inc., a leading electric utility with a focus on wind and solar power. The company operates 7 nuclear units, generating over 6,000 megawatts of carbon-free electricity. NextEra is actively pursuing the restart of its Duane Arnold Energy Center in Iowa, backed by a 25-year power purchase agreement with Google and a $1.9 billion Department of Energy loan.

The utility is also exploring the potential addition of up to 6 gigawatts of new SMR generating capacity to support artificial intelligence data centers.

The second recommended stock is Constellation Energy Corp., a major producer of carbon-free energy in the United States. The company operates a diverse power generation fleet, including nuclear, hydroelectric, wind, solar, geothermal, and natural gas facilities. Constellation currently operates the largest U.S. nuclear fleet, providing clean power to support tech giants and data centers through long-term power purchase agreements.

The company has signed agreements with Google, Microsoft, and Amazon for significant nuclear capacity.

Lastly, Vistra Corp. is recommended as a stock for investors interested in nuclear energy. As one of the largest electricity generators in the United States, Vistra manages approximately 44,000 megawatts of capacity, which includes a second-largest competitive nuclear fleet in the country. The company operates six nuclear reactors across four plants, producing over 6.5 gigawatts of zero-carbon electricity.

In January, Vistra entered into a 20-year power purchase agreement with Meta to provide over 2,600 megawatts of zero-carbon energy, including 2,176 megawatts of operating generation and 433 megawatts of new combined nuclear uprates. Vistra has also secured a $4.2 billion loan package from the U.S. Department of Energy to finance upgrades, modernization, and life extensions across its nuclear fleet.