With inflation worries tied to oil prices, tighter central bank stances and energy security back in focus, many investors are rethinking how they get exposure to long term power demand. Nuclear energy stocks sit at the crossroads of reliable baseload electricity and efforts to limit fuel price shocks, and the Nuclear Energy Stocks screener helps you filter this space quickly, from uranium suppliers to reactor operators. In this article, you will see three screened nuclear energy stocks and how each fits into today’s mix of inflation pressures, bond yields and geopolitical energy risks.

HEICO (HEI)

Overview: HEICO is an aerospace and defense supplier that focuses on replacement parts, repair services, and specialty electronic components for commercial airlines, military customers, and industrial users, giving it exposure to both aircraft maintenance cycles and high end electronic systems.

Operations: HEICO generates most of its revenue from its Flight Support Group at about US$3.4b and its Electronic Technologies Group at about US$1.6b, with a small intersegment adjustment.

Market Cap: US$42.3b

HEICO attracts attention because it sits at the intersection of long term air travel demand, aging aircraft fleets, and rising defense spending, with both core segments showing strong appetite for aftermarket parts and specialty electronics. Recent results highlight double digit earnings and revenue growth, supported by acquisitions, high quality margins, and a long history of reinvesting cash flow. However, the stock trades on a P/E well above sector averages and relies heavily on debt funding, which raises questions about how much favorable information is already reflected in the current price. For investors looking at nuclear and broader defense exposure, HEICO’s mix of growth drivers, valuation considerations, and acquisition capacity makes it a company that some may choose to examine more closely.

HEICO’s combination of double digit earnings and revenue growth, a rich P/E ratio and active acquisitions suggests investors might be missing a crucial angle in the company’s story. Start with the 2 key rewards and 1 important warning sign.

Constellation Energy (CEG)

Overview: Constellation Energy is a US based power producer that supplies electricity, natural gas, and energy solutions across nuclear, wind, solar, natural gas, and hydro assets, with a large fleet geared to customers that want reliable, lower carbon power. It serves utilities, municipalities, cooperatives, and a wide range of commercial, industrial, public sector, and residential customers.

Operations: Constellation Energy generates about US$29.9b in revenue from its Generation segment, supported by geographic exposure across regions including the Midwest, Mid Atlantic, New York, ERCOT, and other power markets.

Market Cap: US$87.8b

Constellation Energy may be of interest to investors focusing on nuclear and AI related power demand because its long term, higher margin contracts with data center operators and large corporates tie carbon free output to 24/7 energy needs, rather than just wholesale prices. Federal production and zero emission credits provide a degree of cash flow visibility, while nuclear restarts, plant uprates, and the Calpine acquisition increase its capacity base. At the same time, concentrated exposure to regulated nuclear assets, significant reliance on external debt funding, and customer concentration with hyperscalers introduce notable regulatory, funding, and counterparty risks. The company’s earnings profile, analyst growth expectations, and series of major PPAs indicate that there are additional factors to consider in the Constellation Energy story beyond the headline numbers.

Constellation Energy’s long term PPAs and nuclear heavy fleet could be masking a very different earnings story beneath the headline numbers. The analysis report for Constellation Energy hints at one risk that may change how you see it.

GE Vernova (GEV)

Overview: GE Vernova is an energy equipment and services company that provides the hardware and software needed to generate, move, manage, and store electricity worldwide, spanning gas and nuclear power plants, wind turbines, and grid infrastructure. It aims to be a one stop provider for utilities and data center operators that need reliable power and grid solutions for AI, electrification, and renewable integration.

Operations: GE Vernova generates about US$8.7b from Wind, US$20.3b from Power, and US$10.8b from Electrification, with a small intersegment adjustment.

Market Cap: US$309.6b

GE Vernova stands out in nuclear and power infrastructure because its gas and nuclear equipment, grid software, and transformers sit directly in the path of AI data center buildouts and grid upgrades. The Power segment’s installed base of around 7,000 gas turbines, backed by roughly US$31b of unearned service revenue, provides long term, service heavy cash flows. Electrification benefits from rising demand for grid strengthening and high voltage equipment. Earnings growth has been very large over the past year, margins and free cash flow have improved, and ROE is high, yet the stock trades on a lower P/E than many peers. The catch is a weaker Wind segment, heavy reliance on external borrowing, high non cash earnings, and recent insider selling that raise questions investors may want answered before relying on the current momentum.

GE Vernova’s improving margins, service heavy Power backlog, and lower P/E hint that investors may be missing a key shift in its earnings quality and valuation. The 4 key rewards and 2 important warning signs (1 is major!) could change how you frame that trade off.

The three nuclear energy stocks outlined here are only a starting point, with the full Nuclear Energy Stocks screener surfacing 297 more companies that carry equally compelling narratives across uranium supply, enrichment, and reactor operations. Use Simply Wall St to identify, analyze, and filter these stocks by the specific catalysts and narratives that matter to you, so you can focus on the nuclear energy ideas that best match your own highest conviction.

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Seeking Fresh Alternatives Beyond Nuclear?

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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.