Centrus Energy Corp. (NYSE:LEU) is one of Jim Cramer\u2019s Hottest Nuclear Energy Stock Picks, Hits & Misses<\/strong>. Centrus Energy Corp. (NYSE:LEU) is a uranium provider that sells different kinds of uranium products to nuclear power generation companies. Its shares are up by 156% over the past year and by 47% since Cramer discussed them in October. Centrus Energy Corp. (NYSE:LEU)\u2019s stock closed 15% lower on November 5th after the firm reported its third quarter earnings report. The results saw the firm report $74.9 million in revenue and $0.19 in diluted earnings per share to miss analyst estimates of $80.4 million and $0.36. Centrus Energy Corp. (NYSE:LEU)\u2019s shares had closed 7% higher on June 4th last year. On the same day, Bank of America commenced coverage to set a $160 share price target and a Buy rating for the shares. In its coverage, BofA had pointed towards Centrus Energy Corp. (NYSE:LEU)\u2019s potential as being the only publicly traded company dealing in enriched uranium. Here\u2019s what Cramer had said about the firm on Mad Money:<\/p>\n \u201cWhat a horse. Okay, nuclear power\u2026 people just believe nuclear power, no matter what. Now, I think that\u2019s fine, but I suggest that you calm down and you buy GE Vernova, which has been such an up stock and also has nat gas.\u201d<\/p>\n<\/blockquote>\n While we acknowledge the potential of LEU as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock<\/b>.<\/p>\n READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years<\/b>.<\/p>\n<\/div>\n<\/div>
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