Rolls-Royce: Great Nuclear Opportunity, And Not As Expensive As It Looks

  • Rolls-Royce's stock has surged since 2023, but its long-term growth potential and strong fundamentals justify the premium valuation. The company has significantly improved its balance sheet, eliminating net debt and achieving robust revenue and margin growth. Rolls-Royce's investments in small modular reactors (SMRs) offer a promising future in the nuclear energy market, potentially capturing a significant share of a $295bn market.