10 Best Nuclear Energy Stocks to Buy According to Billionaires

2. GE Vernova Inc. (NYSE:GEV)

Number of Billionaire Holders: 20

GE Vernova Inc. (NYSE:GEV) brings together General Electric’s portfolio of energy businesses, including Power, Wind, Electrification, and Digital businesses. The company’s nuclear business, General Electric Hitachi Nuclear Energy, is a world-leading provider of advanced reactors, fuel, and nuclear services. There are currently 65 nuclear plants running on GEV’s technology in the United States.

GE Vernova Inc. (NYSE:GEV) reported a strong performance in Q1 2025 as its adjusted EPS of $0.85 beat expectations by $0.48. The company’s revenue also increased by 10.63% YoY to just over $8 billion, topping estimates by almost $483.8 million. The energy giant reported total orders of $10.2 billion in the quarter, up roughly 8%, while its total backlog now stands at a hefty $123 billion. The company management reaffirmed its full-year guidance for $36 billion to $37 billion in revenue and a high-single-digit EBITDA margin. GEV maintains a robust balance sheet, generating $1 billion in positive free cash flow in Q1, $1.6 billion more than from the same period last year. The company also repurchased shares worth $1.2 billion and declared a quarterly dividend of $0.25 per share.

GE Vernova Inc. (NYSE:GEV) continues to believe in the potential of nuclear energy, with the aim to achieve more than $2 billion in annual revenue from its small reactor business by the mid-2030s. The company expects demand for as many as 57 small reactors in total across its target markets in the US, Canada, the UK, and Europe by 2035.