NuScale's share price has jumped 200% in just a few months, but that doesn't make the stock less attractive
Those who have been reading my contributions here for a while will know that I am not really a momentum guy. By training and nature, I am more of a contrarian. I like to look for bargains and hate the idea of buying something that has already risen significantly. In that case, the value has usually gone completely, and I would hate to be the last one in, who buys at the top.
SMR is - federal money notwithstanding - a very risky play, particularly at these lofty levels. They have yet to prove the worth of their reactors in an industrial setting and are losing money consistently. That means that anyone who buys the stock will have to stay alert and should definitely set a stop loss level with which they are comfortable should the momentum fade and turn.
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