5 Stocks That Started The Year On A High

2. Oklo Inc. (NYSE:OKLO)

Oklo Inc. is a nuclear energy company that develops and creates fission power plants to supply commercial-scale and stable energy to customers. The company also offers recycling services for used nuclear fuel. During January, the company signed 2 important partnerships which caused its stock price to jump 96%.

On January 17th, OKLO signed an MoU with RPower to deploy its energy solutions over the course of the next 24 months to power the company’s data centers. Less than two weeks later, it signed another memorandum of understanding with Lightbridge.

OKLO’s energy solutions continue to be in demand because it can install them quicker and cheaper than existing nuclear power alternatives. Since these power solutions do not require to be refueled as frequently as other nuclear power plants, they are also environmentally friendly.

The share price jumped over 96% in January. This wasn’t a one-off though. The stock has been performing well for quite a few months and is up over 383% in just 4 months!