5 Best Nuclear Energy Stocks To Buy Today

In this piece, we will take a look at the five best nuclear energy stocks to buy today. If you want to find out about all the recent trends in the nuclear energy industry, then read 12 Best Nuclear Energy Stocks To Buy Today.

5. Constellation Energy Corporation (NASDAQ:CEG)

Number of Hedge Fund Investors In Q3 2023: 45

Constellation Energy Corporation (NASDAQ:CEG) is a utility company headquartered in Baltimore, Maryland. It is the biggest nuclear power plant operator in America, with 21 plants in its portfolio which are capable of generating nearly 20,000 megawatts of power.

Insider Monkey dug through 910 Q3 2023 hedge fund portfolios and found that 45 had invested in Constellation Energy Corporation (NASDAQ:CEG). Out of these, the largest stakeholder is William B. Gray’s Orbis Investment Management due to its $671 million investment.

4. PG&E Corporation (NYSE:PCG)

Number of Hedge Fund Investors In Q3 2023: 49

PG&E Corporation (NYSE:PCG) is an American utility company headquartered in Oakland, California. The firm had a sizeable presence in California’s nuclear energy mix but shut down its plants. These days, it operates a nuclear energy plant in San Luis Obispo County, California.

As of September 2023 end, 49 out of the 910 hedge funds surveyed by Insider Monkey had held a stake in the firm. PG&E Corporation (NYSE:PCG)’s biggest hedge fund investor is Dan Loeb’s Third Point as it owns 56.8 million shares that are worth $917 million.

3. Vista Energy, S.A.B. de C.V. (NYSE:VIST)

Number of Hedge Fund Investors In Q3 2023: 52

Vista Energy, S.A.B. de C.V. (NYSE:VIST) is a utility company headquartered in Irving, Texas. The firm significantly expanded its presence in the nuclear energy sector in 2023, after its $3.43 billion deal to acquire one of America’s biggest nuclear power companies secured approval from the Nuclear Regulatory Commission.

Insider Monkey took a look at 910 hedge fund portfolios for their third quarter of 2023 shareholdings and found that 52 were Vista Energy, S.A.B. de C.V. (NYSE:VIST) ‘s shareholders. Rob Citrone’s Discovery Capital Management was the largest stakeholder among these due to its $99 million stake.

2. Cameco Corporation (NYSE:CCJ)

Number of Hedge Fund Investors In Q3 2023: 54

Cameco Corporation (NYSE:CCJ) is a uranium company that sells the mineral for nuclear power generation. It also sells associated reactor fuel management products. The firm significantly expanded its nuclear power presence in November after its bid to acquire nuclear components manufacturer Westinghouse by a British regulator.

During this year’s September quarter, 54 out of the 910 hedge funds profiled by Insider Monkey had held a stake in the company. Cameco Corporation (NYSE:CCJ)’s biggest investor was Richard Driehaus’s Driehaus Capital as it owned $154 million worth of shares.

1. NextEra Energy, Inc. (NYSE:NEE)

Number of Hedge Fund Investors In Q3 2023: 57

NextEra Energy, Inc. (NYSE:NEE) is one of the biggest utility companies in the world in terms of power generation and market value. The firm operates nuclear plants in several American states.

By Q3 2023 end, 57 out of the 910 hedge funds part of Insider Monkey’s database were NextEra Energy, Inc. (NYSE:NEE)’s shareholders. Out of these, the largest shareholder is Ken Fisher’s Fisher Asset Management courtesy of its $560 million stake.

Disclosure: None. You can also take a look at Citadel Stock Holdings: 12 Biggest Energy Stocks and 20 Most Walkable Cities in Europe.

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