Oklo (OKLO)

It has few prospects to make money.

Data centres need more power. OKLO is pre-revenue now, so you're betting on these reactors to be able to power nuclear reactors. But it's very speculative.

They're about fission reactors that run on nuclear waste, but they haven't developed any reactors yet. Is up 29% the last 6 months. A mistake.

Is a pre-revenue company with gigantic losses. It could take a decade to build a nuclear plant and often these have big cost overruns. Oklo could announce a deal with a big hyperscaler, but who knows when? Take profits after the 423% move up this year, then let the rest ride.

The theme today is connectivity in the data centres. This pick concerns getting sufficient power (and power for cooling) and whether you can get on the grid. Portable nuclear reactor portals, which are hooked up to the back of data centres. Frantically building out, and (not surprisingly) NVDA has given them billions of dollars to do so.

Not profitable yet, which creates a lot of volatility. 12-month price target of $165; buy some here ~$139, add ~$132, and the last third around $124. No dividend.

Bought yesterday with profits from MRVL.

Demand for nuclear energy is coming back.

A spec name. It's losing money, but today it proposed a public offering of $400 million of common stock in a smart move to give them plenty of breathing room. Shares soared nearly 30%. They just won the contract to power an Alaskan Air Force base.

Is a great believer in nuclear power, but not the socks, because it takes many years to build a nuclear plant.

EPS was -7.9c vs estimates of -6.8c; The revenue base remains minimal. Cash flow last year was negative $38.4M, a bit better than expected. The stock is really not trading on current earnings/revenue, however. It is hard to analyze on regular fundamentals with no sales. It surged on Monday as it said it was engaging with the NRC in a pre-application readiness assessment. Trump policies should be good to reduce red tape in the nuclear sector. The company has $275M cash. It has good backing, and there is certainly potential here. We would of course prefer to see actual revenue and positive cash flow. Insiders own 19%. The stock has done very well, up 36% YTD and 162% in a year. We would consider it a bit more than 'somewhat' speculative, and high Beta. But if the market does well, we would expect good things here.
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It's a big data centre play, but is losing a lot of money.

It's a short squeeze, which are fine to play if you know when it ends. But he doesn't know and won't play them.

They are losing money hand over fist.