Elite Nuclear Stocks To Own In October 2026

The U.S. military and NASA are directing attention to small nuclear reactors to power remote bases and space missions, which puts reliable atomic energy back in the spotlight. That kind of long term demand story can matter for investors who focus on steady power rather than hype cycles. This article breaks down 3 nuclear energy stocks from our screener that fit this theme and merit a closer look.

The three stocks highlighted here offer a compelling starting point if you want exposure to nuclear energy, from uranium supply to reactor operators focused on reliable and sustainable power. However, if you want the names that matter most, these 16 nuclear renaissance stocks are the strongest companies we've found.

DTE Energy (DTE)

Overview: DTE Energy is a Detroit based utility that supplies electricity and natural gas, including nuclear powered generation, to customers across Michigan.

Operations: DTE Energy generates most of its revenue from its Electric segment at about US$7.3b, with US$2.1b from Gas and smaller contributions from DTE Vantage and Energy Trading.

Market Cap: US$27.4b

DTE Energy matters for this nuclear energy screen because it actually runs a nuclear plant within a broad utility mix that also includes gas, renewables, and trading.

"Growing contracted and potential data center load, including 2.4 GW already under agreement and a further 5 to 6 GW in the large load pipeline, supports a long runway of new generation and storage projects that can add to regulated rate base and future revenue."

The real swing factor is how regulators respond if one unseen pressure on future grid investment starts to weigh more heavily on earnings.

If that pressure point has your attention, read the full narrative for DTE Energy to see how DTE Energy could manage accelerating data center demand without losing earnings power.

Oklo (OKLO)

Overview: Oklo develops small Aurora Powerhouse nuclear reactors and related fuel recycling technology to sell long term clean electricity to customers.

Market Cap: US$4.9b

Oklo matters for this nuclear energy screen because its Aurora Powerhouse concept links compact fission reactors with long contract power sales, tying future returns directly to how well those units eventually perform in the field.

"Reactors still aren’t fully licensed or approved, but this has a significant positive impact on uncertainty."

What really moves the needle is how one unresolved timing issue filters through to project financing costs and long term contract economics.

That timing risk is only part of the story, and the full narrative for Oklo shows how Oklo’s model could still accelerate if licensing finally clears.

Public Service Enterprise Group (PEG)

Overview: Public Service Enterprise Group runs regulated electric and gas networks alongside PSEG Power’s nuclear generation and fuel services across the United States.

Operations: Public Service Enterprise Group generates about US$10.1b from PSE&G and US$3.7b from PSEG Power and other activities, entirely in the United States.

Market Cap: US$35.9b

Public Service Enterprise Group brings a different angle to nuclear exposure by pairing PSEG Power’s reactor fleet and fuel support with a large New Jersey utility platform that emphasizes reliability and carbon free supply.

"Growing demand for electricity from large loads such as data centers and other economic development projects in the PJM region continues to reshuffle load forecasts, and Public Service Enterprise Group is pursuing bilateral arrangements through PJM’s Reliability Backstop Procurement process. These could translate these inquiries into contracted generation and transmission revenue and a larger rate base over time."

What really matters is how one quiet regulatory and funding hinge ultimately shapes the earnings power that those nuclear backed assets can support.

That hinge is exactly what the full narrative for Public Service Enterprise Group unpacks, explaining how Public Service Enterprise Group could turn regulatory momentum into increased capacity for earnings supported by nuclear power.

Seeking Alternatives Before The Crowd?

Fresh ideas move first. By the time every headline catches on, the early entry window can be gone. Scan these focused shortlists while it matters and get in early.

• Spot potential rebound plays and steady compounders before they hit every watchlist by reviewing the list of solid balance sheet and fundamentals (24 results) curated by rigorous fundamental filters.
• Tap into structural demand for electrification and grid upgrades by scanning 42 power grid technology and infrastructure stocks that could gain momentum as infrastructure spending finds the right operators.
• Go after secular AI tailwinds without chasing story stocks by zeroing in on 55 AI infrastructure stocks already tied to the hardware behind that computing surge.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com