Shares of aerospace and defense company BWX (NYSE:BWXT)
jumped 3.3% in the morning session after the company announced it secured a nuclear steam generator design contract and a Memorandum of Understanding (MoU) with Rolls-Royce SMR.
Even if a company is profitable, it doesn’t always mean it’s a great investment.
Some struggle to maintain growth, face looming threats, or fail to reinvest wisely, limiting their future potential.
NuScale Power (NYSE: SMR) is riding a wave of unprecedented investor confidence, with its stock surging following landmark deployment deals that are poised to reshape the global energy landscape. The company, a pioneer in small modular reactor (SMR) technology, has cemented its position at the forefront of a nascent nuclear
Shares of aerospace and defense company BWX (NYSE:BWXT)
jumped 3.6% in the afternoon session after Wyoming's top energy agency recommended a $100 million grant to support the company's proposed TRISO nuclear fuel manufacturing plant.
BWX has been on fire lately. In the past six months alone, the company’s stock price has rocketed 91.2%, setting a new 52-week high of $198.99 per share. This was partly due to its solid quarterly results, and the performance may have investors wondering how to approach the situation.
As the Q2 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the defense contractors industry, including Mercury Systems (NASDAQ:MRCY) and its peers.
BWX Technologies (NYSE: BWXT) has outperformed the market over the past 10 years by 7.81% on an annualized basis producing an average annual return of 20.96%. Currently, BWX Technologies has a market capitalization of $15.54 billion.
The power demands from AI and mass electrification are creating a generational investment opportunity in a select portfolio of key nuclear energy stocks.
The Fed’s rate cut continues to fuel optimism on Wall Street. Major indexes hit fresh highs, with the Russell 2000 finally joining the rally. Intel soared after Nvidia’s surprise $5 billion investment, CrowdStrike surged on strong AI-driven guidance, and nuclear energy stocks gained traction during Trump’s UK visit.
A number of stocks jumped in the afternoon session after investors scooped up equities, shaking off the initial concerns inferred from the Fed's dot plot, with tech stocks leading the charge.
A number of stocks fell in the afternoon session after investors took some profits off the table as markets awaited signals on future monetary policy from the Federal Reserve's Jackson Hole symposium later in the week.
Great things are happening to the stocks in this article.
They’re all outperforming the market over the last month because of positive catalysts such as a new product line, constructive news flow, or even a loyal Reddit fanbase.
