BWX Technologies, Inc. (NYSE:BWXT) is one of Jim Cramer’s Hottest Nuclear Energy Stock Picks, Hits & Misses. BWX Technologies, Inc. (NYSE:BWXT) is a nuclear power generation equipment manufacturer. Its shares are up by a strong 104% over the past year and by 92% since Cramer discussed the firm on Mad Money.
Photo by Tommy Krombacher on Unsplash
While the CNBC TV host commented that he was “done” with nuclear, the market had other thoughts, as is evident by the performance of BWX Technologies, Inc. (NYSE:BWXT)’s stock. One notable day for the stock was August 5th, when the stock closed a whopping 17.7% higher. The firm had posted its earnings for the second quarter on August 4th with $764 million in revenue and $1.02 in adjusted earnings per share to beat analyst estimates of $0.79 and $708 million. Earlier this year, BWX Technologies, Inc. (NYSE:BWXT)’s shares closed 3% higher on February 24th. On the 23rd, the firm had reported its fourth quarter earnings with its $885 million revenue and $1.08 in earnings to beat analyst estimates of $847 million and $0.88. Here’s what Cramer had said about BWX Technologies, Inc. (NYSE:BWXT) on February 27th, 2025:
“That’s nuclear. You know, look, the bloom is off the rose. Nuclear, it was never really there. We don’t have any sort of initiative that really makes nuclear the right thing. Small modular nuclear power’s still not happening. It’s going to be 2033 before we see anything new in nuclear and that is just too far for me. But I’m telling the truth now. I mean, I’m, I’m done with it. I, I don’t wanna hear about it anymore.”
While we acknowledge the potential of BWXT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years.
Disclosure: None. Follow Insider Monkey on Google News.
