Citi says President Trump on Friday signed four Executive Orders targeting faster nuclear deployment, driving nuclear stocks sharply higher. The announcements were more positive than expected with actionable guidance and mandated target, the analyst tells investors in a research note. Citi believes the political support, regulatory tone, and sentiment remain constructive for nuclear. That said, much of this is priced into shares of Oklo (OKLO) and Centrus Energy (LEU), contends the firm. Citi keeps Neutral ratings on both stocks.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on OKLO:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue