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Is NuScale Power Stock a Buy Now?

TheMotleyFool

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Is NuScale Power Stock a Buy Now?: https://g.foolcdn.com/editorial/images/858785/close-up-of-an-atomic-particle-getty.jpg

If you've been following the nuclear energy market, you know that it's been a roller-coaster ride for NuScale Power (NYSE: SMR) stock over the past year. This next-gen small modular reactor company has benefited from positive news surrounding the industry as lawmakers push hard to expand nuclear generating capacity.

Just last October, NuScale's stock soared to $57 per share. Fast-forward to today, and the share price has taken a nosedive, plummeting a staggering 79% to around $12 per share.

So, is this the perfect opportunity to buy the dip in NuScale Power? Let's dive into the company and the work it has ahead of it to find out.

Source Fool.com

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