3 Green Energy Stocks to Buy While the Rest of the Market Is Distracted by Oil
Key Points
Oklo’s modular microreactors make it easier to deploy nuclear reactors in remote areas.
CleanSpark will benefit from the shift towards greener crypto mining and AI solutions.
GE Vernova is a balanced play on both conventional and green energy solutions.
Over the past month, Iran's attacks on key energy sites and its blockade of the Strait of Hormuz have driven up oil prices worldwide. That pressure drove many investors to rotate toward oil and energy stocks, but it's also generating strong tailwinds for certain green energy stocks.
Let's take a closer look at three of those stocks -- Oklo (NYSE: OKLO), CleanSpark (NASDAQ: CLSK), and GE Vernova (NYSE: GEV) -- and see why they're worth buying today.
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The next-gen nuclear play: Oklo
Oklo develops modular microreactors for building nuclear reactors in remote and off-grid areas. Its Aurora microreactor generates only 1.5 MWe on its own, but it can be chained with additional reactors to deliver 15 to 100 MWe per deployment.
The Aurora also uses metallic uranium fuel pellets -- which are denser, more resistant to higher temperatures, and cheaper to fabricate than the uranium dioxide fuel pellets used in conventional reactors. Thanks to its closed-loop reprocessing and recycling, the Aurora can last about a decade without refueling. Conventional reactors need to be refueled every two years.
Oklo won't generate any meaningful revenue until it deploys its first reactors in Idaho in late 2027, but it's already secured additional contracts in Alaska and other remote areas. Analysts expect its revenue to surge from less than $1 million in 2027 to $36.2 million in 2028 as it deploys those first reactors. With an enterprise value of $8.06 billion, Oklo might seem overvalued at 232 times its 2028 sales. But over the long term, it still has plenty of upside as the power-hungry cloud and AI markets spark fresh demand for its modular nuclear reactors.
The clean crypto and AI play: CleanSpark
CleanSpark originally built modular microgrids for storing wind, solar, and other renewable energy sources. Those microgrids could either be deployed as stand-alone power systems or plugged into existing energy grids, load management solutions, and backup generators.
In 2021, CleanSpark acquired the Bitcoin (CRYPTO: BTC) miner ATL Data Centers and upgraded its miners with its modular microgrids. It subsequently bought more Bitcoin miners, upgraded their plants in the same manner, and mined more Bitcoins on its own. It also sells its modular microgrids to other Bitcoin miners as a green alternative to fossil fuels.
At the end of the first quarter of 2026, it held 13,363 Bitcoin ($905.4 million) in its treasury. It's consistently selling those Bitcoins to fund the expansion of its AI infrastructure business, which will help companies remotely process AI tasks using green energy solutions.
From 2025 to 2028, analysts expect its revenue to grow at a 23% CAGR as the demand for cleaner crypto mining and AI infrastructure services rises. The recent crypto winter has chilled its stock, but it looks like a screaming bargain at three times this year's sales.
The diversified energy play: GE Vernova
If Oklo and CleanSpark are too speculative for your tastes, GE Vernova -- GE's (NYSE: GE) former energy division, spun off in 2024 -- is a more balanced green energy play.
In 2025, more than half of GE Vernova's orders came from its Power segment, which produces gas turbines for combined-cycle plants, steam turbines for coal, gas, and nuclear plants, and services for nuclear power plants. Its Electrification segment, which accounted for almost a third of its orders last year, sells transformers, breakers, substations, high-voltage direct current systems, and automation, optimization, and protection services for electrical grids.
The rapid growth of the Power and Electrification segments -- which both benefited from soaring energy demand in the cloud, data center, and AI markets -- is offsetting the slower growth of its smaller Wind business, which sells onshore and offshore wind turbines.
From 2025 to 2028, analysts expect GE Vernova's revenue and adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) to grow at CAGRs of 15% and 55%, respectively. With an enterprise value of $221 billion, it isn't a screaming bargain at 38 times this year's adjusted EBITDA -- but its balanced growth justifies that higher valuation.
Should you buy stock in Oklo right now?
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Leo Sun has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin, GE Aerospace, and GE Vernova. The Motley Fool has a disclosure policy.
