J.P. Morgan’s Jeremy Tonet recommends three nuclear power stocks for investors to buy

Three Mile Island nuclear power plant is set to reopen due to a shift in economic and energy trends.

Nuclear energy is once again becoming a key player in this landscape.

J.P. Morgan analyst Jeremy Tonet recommends three nuclear power stocks for investors to buy now.

These are all Buy-rated equities that have seen recent strong share appreciation yet Tonet sees more upside.

Vistra Energy is the US market’s largest competitive power generation company, and produces approximately 41,000 megawatts of electricity for more than 5 million customers.

The company generated $3.85 billion at the top line in Q2 of this year , a figure that was almost 21% higher than the second quarter of last year .

Last on our list is Constellation Energy , the largest producer of clean energy in the US , generating as much as 10% of the nation's carbon-free electrical power.

The company’s nuclear segment produces up to 19,000 megawatts of power and includes the Unit 1 plant on Three Mile Island , which as noted above is set to reopen.

Constellation is currently working on reconditioning the plant, with plans to reopen the facility in 2028 and to sell the power to Microsoft , for the tech giant's data center business.

The company aims to increase that percentage, in steps, to 100% by 2040 .