BWX Technologies, Inc. (NYSE:BWXT) is one of Jim Cramer’s Best Nuclear Power Stock Picks, Hits and Misses. BWX Technologies, Inc. (NYSE:BWXT) is a manufacturer of nuclear power generation equipment. Its shares have risen a hefty 104% over the past year and 92% since Cramer talked about the company on Mad Money.
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While the CNBC TV host commented that he was “done” with nuclear power, the market had other thoughts, as evidenced by the performance of BWX Technologies, Inc. (NYSE:BWXT) stock. A notable day for stocks was August 5, when the stock closed up a whopping 17.7%. The company had posted its second-quarter earnings on Aug. 4 with $764 million in revenue and $1.02 in adjusted earnings per share to beat analyst estimates of $0.79 and $708 million. Earlier this year, BWX Technologies, Inc. (NYSE:BWXT) stock closed 3% higher on February 24. On the 23rd, the company had reported its fourth quarter earnings with its revenue of $885 million and $1.08 profit to beat analyst estimates of $847 million and $0.88. Here’s what Cramer had to say about BWX Technologies, Inc. (NYSE:BWXT) on February 27, 2025:
“That’s nuclear. You know, look, the bloom is in the rose. Nuclear, it was never really there. We don’t have any kind of initiative that really makes nuclear the right thing. Small modular nuclear isn’t happening yet. It’ll be 2033 before we see anything new in nuclear and that’s too far away for me. But I’m telling the truth now. I mean, I’m done with this. I don’t want to hear any more about it.”
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