BWX Technologies Stock Pops on Nuclear Momentum: Can the Rally Last?

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BWX Technologies (BWXT) is experiencing a stock rally driven by strong earnings, expanding US Navy contracts, and optimism for small modular reactors and medical isotopes. The company’s valuation is no longer cheap, and investors are debating if it’s a late-cycle defense play or an early-stage nuclear infrastructure story. BWXT offers a defensive growth hybrid with exposure to US defense, nuclear energy, and healthcare, but potential risks include program concentration and high valuation.

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