NuScale Power Corp (NYSE:SMR) has emerged as an interesting candidate for growth-oriented investors, meeting both Mark Minervini's Trend Template requirements and high-growth momentum criteria. The company, which specializes in advanced small modular nuclear reactor technology, shows strong technical momentum alongside accelerating revenue growth.
Technical Strength: Meeting Minervini’s Trend Template
SMR satisfies all key technical conditions outlined in Minervini’s strategy:
- Price Above Key Moving Averages: The stock trades well above its 50-day ($28.46), 150-day ($22.93), and 200-day ($21.45) moving averages, confirming a strong uptrend.
- Rising Moving Averages: Both the 150-day and 200-day MAs are trending upward, reinforcing long-term bullish momentum.
- Relative Strength: With a ChartMill Relative Strength score of 98.6, SMR outperforms nearly 99% of all stocks, a hallmark of market leadership.
- Price Performance: Currently at $35.21, SMR is 412% above its 52-week low ($6.88) and within 22% of its 52-week high ($45.31), indicating sustained upward momentum.
High-Growth Fundamentals
While profitability remains a work in progress, NuScale exhibits explosive revenue growth:
- Revenue Surge: Quarterly sales growth stands at 870% year-over-year, with TTM revenue growth at 162%.
- Earnings Momentum: Recent EPS growth improved by 48% in the latest quarter, though full-year profitability remains negative.
- Analyst Revisions: Revenue estimates for next year have been revised upward by 19% over the past three months, signaling optimism.
Conclusion
NuScale Power Corp presents a compelling case for growth investors, combining Minervini’s trend-following criteria with strong revenue acceleration. While earnings remain in development, the company’s positioning in the clean energy sector and technical strength make it a stock worth monitoring.
For a deeper technical breakdown, review the full technical analysis report.
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Disclaimer
This is not investment advice. Always conduct your own research before making investment decisions.
