Is NuScale Power Stock a Buy Now?
NuScale Power (NYSE: SMR) is making material progress with its business, and Wall Street has rewarded it for its achievements. But it still hasn't reached one critical milestone. And how you interpret that fact will make a big difference in whether or not you'll think that NuScale Power is a buy right now.
At this moment, NuScale Power is largely a consultant, providing analysis services that generate revenue. But what it really wants to do is build small modular nuclear reactors, also known as SMRs. The consulting work it is providing now is to Romanian power company RoPower, which is trying to reach a final decision on whether it will build a power plant using NuScale's SMRs.
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Source Fool.com
