An Undervalued Engineering Company With Strong Ties to Energy Markets

Just under a year ago, I wrote a piece here suggesting that readers look at buying stock in NuScale (SMR), a young company that designs and builds small modular reactors (SMRs). SMRs are a reputedly safer, more manageable type of nuclear reactor, and my argument then was that a shift in where government green energy money was being targeted, towards nuclear power and away from wind and solar, would be good news for NuScale. That has panned out, particularly over the last week or so, with the stock now trading at more than three times what it was…