Is X-Energy a Millionaire-Maker Stock?
Shares of nuclear power company X-Energy aren't available yet. Still, the company recently filed a draft registration statement with the Securities and Exchange Commission (SEC) for an initial public offering (IPO) under the NASDAQ ticker XE.
The renewable energy company's shares could go radioactive, making investors millions, or they could bust, as the company presents a strong risk-reward ratio.
On the negative side, XE Energy lost money last year, and as a private company, there isn't much information yet about its finances. On the positive side, its IPO prospectus states that the market for small modular reactors (SMRs) could be worth $2.3 trillion by 2050.
Source Fool.com
