10 Best Nuclear Energy Stocks to Buy According to Billionaires

7. BWX Technologies, Inc. (NYSE:BWXT)

Number of Billionaire Holders: 12

BWX Technologies, Inc. (NYSE:BWXT) is a leading supplier of nuclear components and fuel to the US government, including the manufacturing of nuclear reactor components for US Navy submarines and aircraft carriers, and other nuclear and non-nuclear R&D and component production.

BWX Technologies, Inc. (NYSE:BWXT) had a strong Q4 2024 as its adjusted EPS of $0.92 topped expectations by $0.1. The company’s revenue of $746.27 million also beat estimates by over $23.5 million, besides being up by 2.86% YoY. BWXT ended 2024 with a backlog of $4.8 billion, up 21% YoY from large contract awards in both of its operating segments. Moreover, the company’s operating cash flow grew by around 12% YoY to $408.4 million in FY 2024, while its free cash flow also surged by approximately 20% to $255 million.

BWX Technologies, Inc. (NYSE:BWXT) continues to expand its footprint and announced in January that it has agreed to acquire Kinectrics, a provider of engineering, testing, and consulting services. The $525 acquisition will expand BWXT’s capabilities, including lifecycle management, specialized plant services, and engineering, along with nearly doubling its workforce.