Amid the latest groundbreaking news in the broader energy space, investors may want to target certain long-term stocks to buy on the nuclear fusion announcement. According to The New York Times, scientists at the Lawrence Livermore National Laboratory in California announced a major milestone: they laid the groundwork in reproducing the power of the sun in a laboratory.
Before we dive into specific long-term stocks to buy to bet on nuclear fusion, we should note what the underlying innovation is. Per the International Atomic Energy Agency (IAEA), “[n]uclear fusion is the process by which two light atomic nuclei combine to form a single heavier one while releasing massive amounts of energy.”
Further, the IAEA states that “[t]he sun, along with all other stars, is powered by this reaction.” Going back to the NYT, the nuclear fusion breakthrough “sparked public excitement as scientists have for decades talked about how fusion, the nuclear reaction that makes stars shine, could provide a future source of bountiful energy.” While we’re still in the early innings, some market ideas will likely benefit more than others. Here are the long-term stocks to buy to bet on nuclear fusion.
This post originally appeared at InvestorPlace.