Why Nuclear Stocks Constellation Energy, Vistra, and Oklo All Popped This Morning

Shares of nuclear power producers Constellation Energy (NASDAQ: CEG), Vistra (NYSE: VST), and Oklo (NYSE: OKLO) (actually, Oklo is more of a nuclear start-up) all moved higher in Monday morning trading. The moves may have been inspired by broader investor enthusiasm in the wake of the Trump administration's weekend announcement of a temporary lifting of tariffs on China -- but that isn't the only reason nuclear stocks are red-hot today.As The New York Times reported Friday, the Trump administration is planning to release "several" executive orders aimed at accelerating construction of new nuclear power plants, and reactivation of older ones, in the United States. The actual language of the report, in fact, says the administration is calling for "swift and decisive" action that would cause a "wholesale revision" of federal safety guidelines on construction, aimed at cutting red tape and getting projects moving forward. Vistra stock is leading the nuclear pack higher today with a 6% gain as of 10:40 a.m. Constellation is up 5.9%, and Oklo is lagging behind with a 3.3% gain.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool