thinking ahead - in terms of US industrial policy - i would expect to see USG investments into nuclear being announced somewhat soon. In conjunction with the broadening out of the rally thesis - nuclear probably gets a bid into this. With how momentum driven some of these names are - i would not be surprised to see a 2x in a month if the USG thesis plays out.

The SMR sector is where i am mainly looking at - this is the highest beta and most reflexive of the entire nuclear trade. These companies have almost no reliable earnings and trade entirely on forward projections.
$OKLO - $68
$XE - $27
$SMR -$12.7
The counter point to this is that if we head into a correction, the SMR sector would be thoroughly punished, drawdowns of 50% - 80% would not be uncommon depending on the severity of the drawdown.