BWX Technologies (BWXT)

[winston]

not vested

BWX Technologies, Inc. (NYSE:BWXT)
Number of Hedge Fund Holders: 52

BWX Technologies, Inc. (NYSE:BWXT) is one of the 14 stocks Jim Cramer recently shared insights on. When a caller inquired about the company during the lightning round, Cramer said:

“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.”

BWX Technologies (NYSE:BWXT) manufactures specialized nuclear components, fuels, and equipment for naval, commercial, and medical purposes.

The company provides engineering, inspection, and lifecycle services focused on nuclear applications.

On June 10, discussing stocks that younger investors are interested in, Cramer commented:

“Then there’s the nuclear cohort…. Every day we see that Oklo and that Cameco, that BWXT, someone asked about that… BWX Technologies, Centrus, Talen Energy, NexGen.

These are the ones that have people excited. They can’t put them down. That’s because the data centers use so much electricity that nuclear power’s coming back.

In reality, though, there will be no nuclear reactors for at least five years. The stocks that people want are not stocks that I find investible.

… How many analysts are on D-Wave Quantum, BWXT? These companies can say and do whatever the heck they want, and they aren’t going to disappoint anyone because there’s nobody on Wall Street who is watching.

You could decry it as the Wild West. You could dismiss these companies as nothing but hype. Or, how about this, you take a company that trades 50 million shares a day, and maybe you just try to shed some light on it.”

Source: Insider Monkey