The average price target on Nano Nuclear implies roughly 150% upside, but the long-term potential could be much higher. 10 stocks we like better than Nano Nuclear Energy ›&& 10 stocks we like better than Nano Nuclear Energy › Trading at about a $17 share price, Nano Nuclear Energy(NASDAQ: NNE) has the sort of moonshot potential that could turn a modest investment into something larger. That's not because of the low sticker price. Any cheap-looking stock could pop at the drop of a hat, but only those with a compelling business model to match will sustain their gains over the long term. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor.

See the stocks » For Nano Nuclear, the long-term upside is tied to future energy consumption. The technology being built, a nuclear microreactor, could be essential for generating the kind of reliable, round-the-clock power that many industries need, including data center operators, military and research bases, and mining and industrial sites. Electricity demand is expected to rise sharply enough that analysts at Bank of America believe nuclear energy could unlock a market opportunity worth up to $10 trillion over the next 25 years. Future energy demands are one reason to feel optimistic about Nano. But it's not the main reason I recommend Nano as a long-term nuclear pick.