This Stock Could Be Your Ticket to Becoming a Millionaire

Shares have significant upside as a major catalyst approaches.

Aggressive growth investors understand that to substantially increase their portfolio's growth prospects, they typically must accept greater risk and volatility. As the saying goes, there's no such thing as a free lunch.

The trick is to find the best balance between upside potential and added risk. NuScale Power (NYSE: SMR) , a popular nuclear energy stock , could strike the ideal balance. The company is pursuing a multi-trillion-dollar growth opportunity and yet trades at a market cap of just $3.5 billion.

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There are reasons for NuScale's discounted valuation. But, that sizable discount may shrink substantially later this year if the company reports positive progress on one critical growth catalyst.

If you're looking to maximize the growth potential of your portfolio, this could be your chance.

NuScale's technology focuses on small modular reactors, or SMRs. Only a few of these miniature nuclear power plants are currently in operation worldwide. However, at least on paper, they are faster, simpler, and cheaper to get online than larger conventional nuclear power plants. That makes them a perfect fit for meeting the AI industry 's rapidly rising demand for energy.

Experts increasingly expect nuclear power to receive a massive jump in investment over the coming years and decades. But as a report from Goldman Sachs warns, "the next nuclear age will look different from the last." Conventional nuclear power plants will still receive plenty of investment, perhaps even the majority. But relatively untried approaches like SMRs will also see plenty of interest and adoption. Goldman Sachs reports: