Rising inflation surprises, volatile energy and food prices, and mixed signals on growth are keeping markets jumpy, while the world’s appetite for electricity-intensive AI and low carbon power keeps building. For investors, that combination puts long term, round the clock clean energy at the center of many big spending plans. The Nuclear Renaissance screener focuses on companies tied to this push for reliable, carbon free power linked to major infrastructure commitments rather than short term commodity swings. In this article, you will see 3 stocks from the screener that stand out for closer research.

NuScale Power (SMR)

Overview: NuScale Power develops small modular nuclear reactors that can generate 77 megawatts of electricity per module, and packages this technology with licensing, engineering, construction, training, fuel management, and ongoing plant operations services for utilities and industrial customers.

Operations: NuScale currently generates its US$31.5 million in revenue from US utilities in the electric power sector.

Market Cap: US$4.6b

Investors watching the push for round the clock clean power may find NuScale interesting because it pairs the only NRC approved light water SMR design with real-world projects like the RoPower plant in Romania and a large multi gigawatt program with TVA, plus partnerships across fuel fabrication, compressors, and AI supported reactor operations. At the same time, the company is still loss making, relies on external funding, faces legal and regulatory overhangs, and its shares have been volatile and recently lagged the broader US market. As a result, success depends on turning a pre commercial story into long term contracts and cash flow, while managing execution and funding risks that are very real.

NuScale’s NRC approved SMR design and global projects could be reshaping the nuclear conversation, but the real story lies in how its contracts, cash burn, and funding path fit together in the analysis report for NuScale Power

Centrus Energy (LEU)

Overview: Centrus Energy supplies low enriched uranium fuel and related services that nuclear power plants need to run, while also providing engineering, manufacturing, and operations support for public and private sector customers in the nuclear fuel cycle.

Market Cap: US$4.6b

Centrus Energy is positioned within efforts to secure Western nuclear fuel, with a $3.6b contract backlog through 2040, a US$900 million HALEU award from the U.S. Department of Energy, and hundreds of millions committed to expanding enrichment capacity in Ohio and Oak Ridge. At the same time, the stock trades on a high P/E ratio, earnings declined last year, margins moved from 22.6% to 13.4%, and the balance sheet reflects significant use of external borrowing and fresh equity. For investors monitoring nuclear fuel suppliers, the combination of elevated expectations, government-supported projects, and execution and funding risks may merit closer examination of Centrus.

Centrus Energy’s huge backlog, HALEU award, and capacity buildout hint at a story bigger than its current P/E and margin pressure suggest, and the full picture sits inside the 2 key rewards and 4 important warning signs (1 is major!)

Fluor (FLR)

Overview: Fluor is a global engineering and construction company that designs, builds, and manages large scale projects for clients in energy, infrastructure, advanced manufacturing, mining, life sciences, and government, including nuclear facilities and national security sites.

Operations: Fluor generates about US$9.2b of revenue from Urban Solutions, US$3.6b from Energy Solutions, US$2.7b from Mission Solutions, and US$29m from other activities, with most sales coming from North America at about US$11.3b.

Market Cap: US$7.8b

Fluor sits at the intersection of big infrastructure, energy transition, and nuclear projects. It has a US$25.7b backlog that is mostly on reimbursable terms and a project pipeline of roughly US$60b. The company is still working back to consistent profitability and carries higher funding risk because its liabilities are entirely from external borrowing. Investors watching the nuclear and low carbon build out may be interested in Fluor’s work on X energy’s SMR project in Texas, nuclear remediation and security contracts, and its collaboration with Centrus on advanced fuel. The stock currently trades on a low P/S multiple compared with peers. The contrast between this recovery narrative, recent earnings misses, insider selling, and liquidity pressures is central to the investment case around Fluor.

Fluor’s low P/S, US$25.7b backlog, and nuclear exposure could be masking a very different earnings path than recent results suggest, and the real twist sits inside the analyst forecasts for Fluor

The three stocks you have just seen are only a small sample of what is happening around nuclear energy and AI, and the full Nuclear Renaissance screener uncovers 88 more companies with equally compelling stories tied to long term, carbon free power. Use Simply Wall St to identify the catalysts that matter to you, filter for the contracts, backlogs, financing profiles and nuclear exposure that fit your thesis, and analyze which opportunities align most closely with your highest conviction ideas.

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Seeking Fresh Alternatives For Your Curiosity?

Some stocks are already building quiet momentum while others are still under the radar for now. Before these ideas get fully caught by the crowd, consider exploring them early.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.