Should You Buy NuScale at $6 After the Google Rally? Here's the Next Catalyst That Could Send It Higher.

NuScale Power (SMR -5.20%) is a small modular reactor (SMR) developer that is gaining attention due to the growing demand for nuclear energy, particularly for powering data centers. The company's stock has seen a significant decline over the past year, but there is a potential catalyst that could lead to a surge in its value. NuScale has been working with ENTRA1 and the Tennessee Valley Authority (TVA) to develop a 6 GW power plant, which would be the largest SMR deployment in the U.S. If a firm commitment is secured through power purchase agreements (PPAs), it could transform NuScale's long-term outlook and provide a blueprint for future deals in the U.S. However, until then, the stock remains a risky, early-stage, story-driven investment, and investors should carefully consider the potential upside against the real risk of further decline.

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