Is Oklo Stock a No-Brainer Buy at Less Than $50?

Oklo, a small modular nuclear reactor company targeting AI data centers, has fallen ~40% this year to trade below $50. While the long-term energy demand from AI remains promising, the company currently generates no revenue, incurs heavy losses, and faces significant uncertainty about future profitability and margins. The analyst recommends waiting to invest, noting the stock's current valuation offers insufficient margin of safety despite being down from its $27 billion peak.