Should You Buy Oklo Stock While It's Below $86?

Oklo (NYSE: OKLO), a producer of microreactors for nuclear plants, went on a wild ride after it went public by merging with a special purpose acquisition company (SPAC) last May. It started trading at $15.50 on its first day, sank to an all-time low of $5.59 less than four months later, but now trades at about $75.That was an impressive multibagger run, but Oklo still hasn't reached Wall Street's top price target of $86, which was set by Daiwa Securities analyst Dennis Ip last month. Should you accumulate Oklo's stock as it trades below that price? Let's review its business model, growth potential, and valuations to decide.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool