A Nuclear Energy Stock Worth Watching
The Trump administration has plans to put a nuclear reactor on the moon by 2030. It's far from clear if that will actually happen in just five years -- or ever. But back on Earth, nuclear power is enjoying a renaissance that should cause investors to look twice.
The global quest to refocus on nuclear energy is being driven by several distinct factors.
First, worldwide demand for power is projected to soar in coming years -- as much as 18% by 2050, according to McKinsey -- due to the emergence of power-hungry data centers and artificial intelligence projects, as well as the adoption of electric vehicles and the ongoing electrification of emerging market countries, among other factors.
Source Fool.com
