SMR – My Bullseye Pick of the Week

SMR Call options near $1.20 – 7 days later $6  = 400%

My Trade Plan Details:

• • • SMR Sept 5 $37 calls near $1.20
      
    • Stop: Closes SMR below $32
    • Target 1: $38
      
    • Target 2: $42
      
    My reasoning:

    After the massive rally we had on Friday, today is a tough day to look for new stock ideas.

    Things typically need to cool off for a couple of days before they can resume higher after what we just saw.

    I really like the nuclear sector again, however.

    These stocks have been beaten down from their highs due to fears that AI data centers will soon slow down, but I have very little doubt that the demand for more electricity will continue for many years to come.

    If you recall, this week’s pick on SMR was one of the biggest potential winners of the year for Bullseye when I alerted it a couple of months ago for the first time.

    I hope to see even half the success this time around!