Opinions
Jim Cramer - Mad Money
New Scale Power Company
SMR
DON'T BUY
Dec 18, 2024
N/A
Stock price when the opinion was issued
Energy Infrastructure, Industrials & Utilities
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COMMENT
The question was on companies that build small modular reactors. This is a growing space since these can be built in a factory as opposed to large scale site development of nuclear reactors. There are not a lot of companies in this space. Rolls Royce is one of them but it has other divisions as well. The New Scale Power Company is one of the companies dealing specifically with SMR's and it has been approved in the U.S.
Energy Infrastructure, Industrials & Utilities
It's made promising advances in small-form reactors, but loses money on weaker sales.