Jim Cramer Highlights BWX Technologies as One of Nuclear Specs

BWX Technologies, Inc. (NYSE:BWXT) is one of the stocks Jim Cramer recently commented on. Cramer noted that it is one of the nuclear specs that make money. He said:

“What sectors count as speculative here? Okay, they can be pretty easily grouped, thankfully. There are the nuclear stocks like Energy Fuels, that means Oklo, Nano Nuclear, and BWX Technologies. I’d include Bloom Energy, BE, I saw them on TV today… hydrogen fuel cells. BWX and Bloom make money, the rest don’t, but they’re all expensive.”

BWX Technologies, Inc. (NYSE:BWXT) produces nuclear reactors, fuel, precision components, and related systems for government, commercial, and defense applications. Moreover, the company provides medical radioisotopes, engineering services, and lifecycle support for nuclear power plants. When a caller inquired about the stock during a June episode, Cramer responded:

“Alright, that’s nuclear. And again, like you know, nuclear, I’m not going to fight anyone who wants to enter a nuclear stock. I’m going to bless it even though it’s up very, very big.”

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Disclosure: None. This article is originally published at Insider Monkey.