Oil price volatility linked to potential disruptions near the Strait of Hormuz keeps global energy security in the spotlight. That puts nuclear energy stocks on many watchlists as investors search for power sources that are less tied to fossil fuel supply shocks. This article highlights three stocks from the Nuclear Energy Stocks screener and explains what each company offers, what risks to consider, and how they may fit into a diversified portfolio.

The three stocks covered below are only a small sample of the nuclear energy stocks on offer. The full screen surfaces 298 more companies that also have detailed narratives and data behind them. To go deeper into this opportunity set, head straight into the Nuclear Energy Stocks screener to identify, compare, and analyze nuclear energy stocks that best fit your own criteria.

WSP Global (TSX:WSP)

WSP Global is a large consulting firm that helps governments and companies plan, design, and manage complex infrastructure and energy projects, including lower carbon power and nuclear related work. It generates most of its revenue from the Americas at about CA$9.0b, followed by EMEIA at about CA$5.5b, Canada at about CA$2.9b, and APAC at about CA$2.0b. The company has a market cap of roughly CA$25.6b, which puts it firmly in the large cap camp.

Investors looking at the nuclear energy value chain may find WSP Global interesting because it sits in the consulting and engineering layer that supports grids, power plants, and digital infrastructure rather than directly operating assets. The company is benefiting from demand for sustainable and digital infrastructure projects, with a record CA$20.1b backlog and higher adjusted EBITDA margins, while analysts expect strong earnings growth despite softer revenue forecasts. At the same time, reliance on acquisitions, public sector budgets, and higher debt means execution and funding risks remain in focus. The mix of growth in higher margin services and an active nuclear and clean energy advisory offering means there is more to unpack in the full story.

WSP Global’s record backlog and higher margin mix suggest the story may be bigger than a simple infrastructure play. Get the full context in the 5 key rewards and 1 important warning sign

Build your own nuclear infrastructure shortlist

WSP Global and the two other stocks in this article are examples that surfaced from a single screener, but your best ideas may come from filters tailored to you. Use our flexible Screener to mix metrics like valuation, growth, balance sheet strength, and risks, or tap into our ready made Investing Ideas for curated starting points.

NANO Nuclear Energy (NNE)

NANO Nuclear Energy is a New York based nuclear energy company developing compact microreactors such as the KRONOS and LOKI systems, along with ZEUS and ODIN reactor concepts and a planned high assay low enriched uranium fuel facility. The company is still pre revenue and is valued at about US$1.0b by the market.

NANO Nuclear Energy sits at the high risk, high potential end of the Nuclear Energy Stocks screener. The company is working to turn its KRONOS microreactor design and fuel supply ambitions into real assets, backed by a cash balance of US$577.5 million and recent milestones such as the NRC accepting its construction permit application and an AFWERX SBIR Phase I contract with the U.S. Air Force. At the same time, it remains loss making, has no current revenue and is forecast to stay unprofitable over the next 3 years, with earnings expected to decline. If you want exposure to microreactors and the nuclear fuel chain, this is a story that rewards close scrutiny of the trade off between early stage technology progress and ongoing dilution and losses.

Early stage momentum at NANO Nuclear Energy is easy to focus on, but the real story lies in how its microreactor ambitions and fuel plans compare with cash burn and dilution risk. Get the full picture in the 1 key reward and 5 important warning signs (2 are major!)

Enel (BIT:ENEL)

Enel is a Rome based utility that runs a broad mix of power assets, from renewables and nuclear to traditional thermal plants, and also owns grids and retail energy businesses across multiple regions. The company has a market cap of about €99.7b.

Enel gives you exposure to the nuclear value chain through a large scale, diversified utility that is leaning into renewables, grid digitalization, and regulated or contracted earnings. Recent H1 2026 results showed slightly higher EBITDA and net income, and management expects full year EPS at the top of its guidance range, helped by a tilt toward lower risk assets in Tier 1 countries. At the same time, high reliance on external borrowing, currency swings in Latin America, and a rich P/E relative to parts of the European utilities sector mean you need to weigh balance sheet pressure and policy risk against the potential upside suggested by some valuation models and the company’s long history in electrification.

Enel’s shift toward lower risk assets and digital grids could be masking a deeper change in how this utility earns and prices growth. Get the context from the 2 key rewards and 3 important warning signs (1 is major!)

Seeking Alternatives Before The Crowd?

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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.