Is Oklo Stock the Next Nvidia?
Share prices of nuclear start-up Oklo (NYSE: OKLO) have soared by more than 900% in the last year alone.
In recent years, any time a stock has jumped by so much so quickly, people have started making comparisons to Nvidia (NASDAQ: NVDA). However, in this case, there are actually some solid reasons to think that Oklo might indeed be "the next Nvidia."
One way Oklo stock definitely resembles Nvidia's is its volatility. In May 2024, Oklo shares tumbled 69% from their highs. That October, they rebounded sharply to set new highs. Since then, Oklo's shares have had eight drops of 20% or more from their highs, including a massive 64% drop that bottomed out in April.
Source Fool.com
