The EU plans to expand its nuclear power capacity, but the number of high-growth potential stocks is scarce.
The European Commission recently stated that the expansion of nuclear energy programs in EU countries will require an investment of 241 billion euros and the establishment of new financing tools to reduce the high cost risks faced by private investors. According to a draft investment demand analysis by the European Commission, EU countries have plans to increase nuclear power plant capacity from the current 98 gigawatts to 109 gigawatts by 2050. Only six nuclear energy concept stocks with a consensus forecast of net profit growth of over 15% in the next two years are expected to include Appflow, Dongfang Electric, Western Superconductor, Newer Stock, Jiangsu Shentong, and China Nuclear Construction. Appflow is the stock with the highest average net profit growth forecast, at 38.83%. Guojin Securities research report stated that Appflow is a leading domestic manufacturer of core pump shells and nuclear energy materials, and the continuous increase in the approval of nuclear power units in China is expected to drive the demand for core pump shells and nuclear energy materials for the company. In addition, the company has established a subsidiary focusing on fusion new materials layout for filters and other fusion equipment and related materials, leading in technology, and with industry capital expenditures rising, it is expected to bring long-term income growth to the company.
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