This Nuclear Stock Just Dropped Nearly 46% -- Screaming Buy or Warning Sign?

Oklo, an advanced nuclear company, has plunged 46% this year and 80% since October despite improving fundamentals. The company now has a 14+ gigawatt project pipeline, received DOE authorization to load fuel into its Groves Reactor, and benefits from supportive federal policy for nuclear power in AI data centers. With experienced MIT-trained leadership and $2.6 billion in liquid assets, the author views it as a compelling buy at current prices, though acknowledges the stock's steep decline wasn't entirely unwarranted given its previous lofty valuation.